Kathmandu shares surged nearly 17% today.
The surge came after the outdoor retailer reported an 8.4% rise in total sales for the 15 weeks to November 11.
Same store sales increased 7.1% in Australia and 5.2% in New Zealand.
Kathmandu CEO Xavier Simonet said recently acquired US footwear brand Oboz is on track to hit its $US7.1 million earnings target for the 2018 calendar year.
It saw sales of NZ$15.7 million during the first quarter of FY19, with a gross margin of 39.8%.
"We have achieved good sales growth leading into the key Christmas trading period, and we expect first half profit to be strongly above last year," Simonet said.
"However, as always our first half-year result is highly dependent on the success of our summer sale."