ABC-Mart, Inc. Announces Consolidated Earnings Results for the First Quarter Ended May 31, 2020
July 27, 2020
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ABC-Mart, Inc. announced consolidated earnings results for the first quarter ended May 31, 2020. For the quarter, the company reported net sales of JPY 43,609 million compared to JPY 74,648 million a year ago. Operating profit was JPY 1,335 million compared to JPY 14,315 million a year ago. Profit was JPY 1,114 million compared to JPY 9,915 million a year ago. Earnings per share was JPY 12.82 compared to JPY 118.88 a year ago.
ABC-MART,INC. is a Japan-based company mainly engaged in the sale, planning and development of shoes. The Company operates in two regional segments, including Domestic and Overseas. The Company is engaged in the sale of shoes, shoes related accessories and apparel products under the brands HAWKINS,VANS, saucony, DANNER, NUOVO Collection and White's Boots through shoes retail stores ABC-MART in domestic and overseas. The Company is also engaged in the planning, manufacture and sale of products, as well as the operation of retail stores DANNER in the United States.