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Sports & Recreation - FNArena Sectors

Introduction to FNArena Windows FNArena Windows offers subscribers the option to investigate ASX-listed stocks against their peers. FNArena developed its own sector methodology which in our view overcomes many flaws and disadvantages connected with GICS sectors. Our system starts with three broad sector labels: COMMODITIES, FINANCIAL SERVICES and INDUSTRIALS. From here onwards subscribers can explore further through gradually narrowing branches. This is not investment advice, but simply another window on the Australian Stock Exchange to provide better insight and to assist FNArena subscribers while conducting their own market analysis. Commodities

Lockdowns wipe $13 million from Kathmandu Holdings FY21 results

Lockdowns wipe $13 million from Kathmandu Holdings FY21 results By Imogen Bailey | 29 June 2021 Kathmandu Holdings has revealed the impact the Victorian, New South Wales and newly announced Western Australia lockdowns are likely to have on its trading results.  Currently, the Group has 40 stores closed in NSW for a minimum of two weeks and 26 stores closed in WA for a minimum of four days. This follows the Victorian lockdown, which saw 62 stores close for two weeks in early June.   Due to these closures, the Group expects total sales for FY21 to be below original expectations at approximately $930 million, and underlying EBITDA is estimated at c.$120 million. 

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