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Kathmandu has reported a 4.6% rise in total sales to $445.3 million for the financial year.

Australian sales rose 6.9% with New Zealand following at 3.6% for the year ended July 31, 2017.

Kathmandu CEO Xavier Simonet said the retailer blitzed winter.

“Sales continued to grow in our key winter promotion which completed four successive quarters of same store sales growth.

"Success of new products, enhanced engagement with Summit Club members through inspiring brand content, and improvements in the execution of our promotions underpinned our second‐half sales growth.

"Our financial performance has been strengthened further during FY2017 through operating leverage, reduced inventory and record low debt.”

Kathmandu expects full year earnings before interest and tax to be between $56 million and $57 million.

This is up from $50.9 million last year.

The outdoor retailer also expects net profit to rise up to $38 million from $33.5 million last year.

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