KATHMANDU shares have shot up more than eight per cent as the adventure retailer remains on target for a strong full year result after a big boost in third quarter sales.
Kathmandu has opened 40 new stores over the past 18 months and said 112 stores had now received new branding.
The company has maintained its guidance for 2013 full year sales but said weather would be a key variable ahead of the winter sales period in June and July.
"We remain confident of a strong performance for full year 2013," Kathmandu said in a trading update on Wednesday.
Total group sales for the 13 weeks to April 28 were $NZ89.7 million ($A74.96 million), up 12.5 per cent on the equivalent period in 2012.
Sales through to end of March were affected by a warm and dry autumn in both Australia and New Zealand while more normal weather had returned over the past four weeks, the company said.
Kathmandu added that investment in online and digital retailing would be important as the company looked to expand into international markets and target one million loyalty members by the end of 2015.
The retailer is continuing its roll-out of new stores, with five to open before July 31 and a further 10 expected by the end of the group's financial year.
The company hopes to open 170 stores in Australia and New Zealand over the next three years.
Kathmandu recently reported an increase in first half profit of 73 per cent, despite hotter-than-expected weather in February and March.
At 1400 AEST Kathmandu shares were 16 cents, or 8.5 per cent, higher at $2.04.
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