Earnings Release • Oct 6, 2017
Earnings Release
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Revenues for the third quarter of 2017
Lier, 6 October 2017: Kid ASA today announces unaudited revenue figures for the
third quarter of 2017 (previous year in brackets). For definition of like-for
-like stores, please see latest quarterly report at http://investor.kid.no.
· Q3 revenues increased by +9.5% to MNOK 343.8 (MNOK 314.1). Like-for-like
sales increased by +5.1%. Online sales increased by +35.9%. The number of
shopping days in the quarter was 79 (79).
· For the first three quarters of 2017, revenues increased by +8.2% to MNOK
876.1 (MNOK 810.1). Like-for-like sales increased by +5.1%. Online sales
increased by +36.8%. The number of shopping days for the first three quarters
was 227 (228).
· One store opened during the quarter, and one store was relocated. The total
number of physical stores at the end of the quarter was 138.
Revenue figures for the fourth quarter of 2017 will be announced on 8 January
2018 at 07:30 (Oslo Time).
ENQUIRIES
Kjersti Hobøl, CEO Kid, +47 918 35 965
Petter Schouw-Hansen, CFO Kid, +47 482 24 534
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