Kid’s turnover increased in Q3

Norska Kid reports increasing turnover during the third quarter compared to the same period the year before. Hemtex had a strong increase.

Turnover rose 12.1 percent to NOK 830.9 million (741.3). Comparable sales increased by 12.9 percent.

Online accounted for 11.7 percent of sales (10.3). Hemtex, which is part of Kid, increased its sales by 10.5 percent to SEK 323 million (292.3).

Comparable sales increased by 13.3 percent. Online shopping increased by 11.2 percent.

One store was remodeled during the period and three stores were relocated. It did not open or close any stores.

Full report released on November 9.

Kid, MNOKQ3-2023Q3-2022Change Net sales830.9741.312.1%

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