Earnings Release • Jul 6, 2018
Earnings Release
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Revenues for the second quarter of 2018
Lier, 6 July 2018: Kid ASA today announces unaudited revenue figures for the
second quarter of 2018 (previous year in brackets). For definition of like-for
-like stores, please see latest quarterly report at http://investor.kid.no.
· Q2 revenues increased by +1.1% to MNOK 281.5 (MNOK 278.4). Like-for-like
sales decreased by -2.7%. Online sales increased by +72.3%.
· The number of shopping days in the quarter was 73 (71).
· For the first two quarters of 2018, revenues increased by +4.5% to MNOK
566.4 (MNOK 532.3). Like-for-like sales increased by +0.1%. Online sales
increased by +64.0%. The number of shopping days for the first two quarters was
148 (148).
· There was one store opening, five stores were refurbished and two stores
were relocated during the quarter. The total number of physical stores at the
end of the quarter was 140 (137).
Revenue figures for the third quarter of 2018 will be announced on 8 October
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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