ABC-Mart,Inc. Provides Consolidated Earnings Guidance for the Six Months Ending August 31, 2023 and Full Year Ending February 29, 2024
July 12, 2023 at 02:00 am EDT
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ABC-Mart,Inc. provided consolidated earnings guidance for the six months ending August 31, 2023 and full year ending February 29, 2024. For the period, the company expects net sales of JPY 153,900 million, operating profit of JPY 23,000 million, profit attributable to owners of parent JPY 16,190 million and basic earnings per share of JPY 196.15.
For the year ending February 29, 2024, the company expects net sales of JPY 311,500 million, operating profit of JPY 44,000 million, profit attributable to owners of parent JPY 30,400 million and basic earnings per share of JPY 122.77.
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.