Earnings Release • Apr 5, 2019
Earnings Release
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Revenues for the first quarter of 2019
Lier, 5 April 2019: Kid ASA today announces unaudited revenue figures for the
first quarter of 2019 (previous year in brackets).
For definition of like-for-like stores, please see latest quarterly report at
http://investor.kid.no.
· Q1 revenues increased by 8.4% (8.3%) to MNOK 298.0 (MNOK 253.9). Like-for
-like sales increased by 5.1% (3.3%). Online sales increased by 22.6%
(54.1%).
· The number of shopping days in the quarter was 76 (75).
· There was one store opening, seven stores were refurbished and two stores
were closed. The total number of physical stores at the end of the quarter was
142 (139).
Revenue figures for the second quarter of 2019 will be announced on 5 July 2019
at 07:30 (Oslo Time).
ENQUIRIES
Henrik Frisell, CFO, Kid, +47 480 48 800
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