Earnings Release • Oct 7, 2016
Earnings Release
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Revenues for the third quarter of 2016
Lier, 7 October 2016: Kid ASA today announces unaudited
revenue figures for the third quarter of 2016 (previous year
in brackets). For definition of like-for-like stores (which
includes the online store), please see latest quarterly
report at http://investor.kid.no.
- Q3 revenues increased by +9.2% to NOK 314.1 million (NOK
287.6 million). Like-for-like sales increased by +6.7%.
Online sales increased by +59.7%. The number of shopping
days in the quarter was 79 (79).
-For the first three quarters of 2016, revenues increased by
+7.3% to NOK 810.1 million (NOK 755.3 million). Like-for-
like sales increased by +4.3%. Online sales increased by
+51.6%. The number of shopping days for the first three
quarters was 228 (227).
- There were two store openings and one store closing during
the third quarter. The total number of stores at the end of
the quarter was 133.
Revenue figures for the fourth quarter of 2016 will be
announced on 6 January 2017 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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