On the other end of the spectrum away from David Jones and Myer is Kathmandu who has reported a 32 per cent increase in EBIT to $64 million.
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Kathmandu sees better results
The company expects that EBIT to be between NZ$63 million and NZ$65 million, compared to $47.9 million for the previous year. This will be a 31 per cent to 36 per cent increase.