Correction: The slide package was omitted from the previous report and is now attached. KID has been through the perfect storm, with warehouse transition issues and duplicated costs driving market share losses, margin compression, and ultimately a ~15% share price decline (adjusted for dividends). However, with two-thirds of the Lier warehouse now sub-leased and the new logistics setup fully operational, KID has gradually started to regain market share. At the same time, upgraded stores still ne ....
