** Shares of outdoor clothing retailer KMD Brands KMD.NZ, KMD.AX fall 1.4% to NZ$0.355
** Stock set for its worst weekly drop in more than a month, if losses hold
** Morgan Stanley revises estimates and price target for KMD after co's interim results came ahead of pre-guidance
** However, the start to the second half was mixed, with DTC sales showing varied growth, wholesale accounts remaining cautious, and short-term gross margin percentage pressure due to increased competition - MS
** Brokerage revises EBITDA forecasts, with a cut of 40% in FY25E, 18% in FY26E, and 3% in FY27E
** Maintains an "equal-weight" rating, trims PT of ASX-listed shares to A$0.35 from A$0.50
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk;))
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。