KMD Brands Says Too Early to Provide Estimate of Likely Impact of US Tariffs

MT Newswires Live04-07

KMD Brands (ASX:KMD,NZE:AMD) said it is too early to predict the financial impact of the US's recent tariff increases for the rest of the fiscal year, according to a Monday filing with the Australian and New Zealand bourses.

The company operates Rip Curl and Oboz in the US which account for 12% and 7% of the group's annual sales, respectively, the filing said.

Both brands source their products from Asia, and the tariff increases are expected to raise input costs, which could lead to price hikes and potentially affect consumer demand, the filing added.

The company said it will redirect some US inventory to other markets or hold it with third-party logistics partners.

The company's shares fell 5% in Australia in recent Monday trade, while its New Zealand shares fell 4%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2525068082?lang=en_US&edition=full_marsco","thumbnail":"","is_english":true,"pubTime":"2025-04-07 13:51","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2525068082","market":"sh","top_or_hot":-1,"title":"KMD Brands Says Too Early to Provide Estimate of Likely Impact of US Tariffs","media":"MT Newswires Live","content":"<html><body><p> KMD Brands (ASX:KMD,NZE:AMD) said it is too early to predict the financial impact of the US's recent tariff increases for the rest of the fiscal year, according to a Monday filing with the Australian and New Zealand bourses.</p><p>The company operates Rip Curl and Oboz in the US which account for 12% and 7% of the group's annual sales, respectively, the filing said.</p><p>Both brands source their products from Asia, and the tariff increases are expected to raise input costs, which could lead to price hikes and potentially affect consumer demand, the filing added.</p><p>The company said it will redirect some US inventory to other markets or hold it with third-party logistics partners.</p><p>The company's shares fell 5% in Australia in recent Monday trade, while its New Zealand shares fell 4%.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>KMD Brands Says Too Early to Provide Estimate of Likely Impact of US Tariffs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKMD Brands Says Too Early to Provide Estimate of Likely Impact of US Tariffs\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-04-07 13:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> KMD Brands (ASX:KMD,NZE:AMD) said it is too early to predict the financial impact of the US's recent tariff increases for the rest of the fiscal year, according to a Monday filing with the Australian and New Zealand bourses.</p><p>The company operates Rip Curl and Oboz in the US which account for 12% and 7% of the group's annual sales, respectively, the filing said.</p><p>Both brands source their products from Asia, and the tariff increases are expected to raise input costs, which could lead to price hikes and potentially affect consumer demand, the filing added.</p><p>The company said it will redirect some US inventory to other markets or hold it with third-party logistics partners.</p><p>The company's shares fell 5% in Australia in recent Monday trade, while its New Zealand shares fell 4%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XJO.AU","symbol_name":"标普/澳交所 200指数","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2525068082","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2525068082","pubTimestamp":1744005075,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"KMD Brands  said it is too early to predict the financial impact of the US's recent tariff increases for the rest of the fiscal year, according to a Monday filing with the Australian and New Zealand bourses.The company operates Rip Curl and Oboz in the US which account for 12% and 7% of the group's annual sales, respectively, the filing said.Both brands source their products from Asia, and the tariff increases are expected to raise input costs, which could lead to price hikes and potentially affect consumer demand, the filing added.The company said it will redirect some US inventory to other markets or hold it with third-party logistics partners.The company's shares fell 5% in Australia in recent Monday trade, while its New Zealand shares fell 4%.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"XJO.AU":"标普/澳交所 200指数","KMD.AU":"KMD Brands Ltd","BK7128":"专卖店","XKO.AU":"标普/澳交所 300指数","KMD.NZ":"KMD Brands Limited Ordinary Shares","BK8057":"专卖店","XAO.AU":"标普/澳交所 普通股指数"},"translate_title":"KMD Brands表示现在估计美国关税可能产生的影响还为时过早","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"KMD.AU":0.9,"KMD.NZ":1,"XAO.AU":0.73,"XJO.AU":0.73,"XKO.AU":0.73},"content_text":"KMD Brands (ASX:KMD,NZE:AMD) said it is too early to predict the financial impact of the US's recent tariff increases for the rest of the fiscal year, according to a Monday filing with the Australian and New Zealand bourses.The company operates Rip Curl and Oboz in the US which account for 12% and 7% of the group's annual sales, respectively, the filing said.Both brands source their products from Asia, and the tariff increases are expected to raise input costs, which could lead to price hikes and potentially affect consumer demand, the filing added.The company said it will redirect some US inventory to other markets or hold it with third-party logistics partners.The company's shares fell 5% in Australia in recent Monday trade, while its New Zealand shares fell 4%.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.33.2","shortVersion":"4.33.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2525068082"}