ABC-Mart,Inc. Reports Consolidated Earnings Results for the Year Ended February 28, 2021
April 15, 2021 at 01:45 am EDT
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ABC-Mart,Inc. reported consolidated earnings results for the year ended February 28, 2021. For the period, the company reported net sales of JPY 220,267 million compared to JPY 272,361 million a year ago. Operating profit was JPY 19,513 million compared to JPY 43,374 million a year ago. Profit was JPY 19,385 million compared to JPY 29,958 million a year ago. Earnings per share were JPY 232.94 compared to JPY 359.92 a year ago.
ABC-MART, INC. is a Japan-based company mainly engaged in the sale of shoes. The Company operates retail stores under the names ABC-MART and NUOVO. The stores provide self-planned shoes under brand names HAWKINS, VANS, DANNER and NUOVO Collection, as well as national brand goods. The Company is also engaged in the planning, development and production of shoes. The Company sells sport shoes, leather casuals, ladies' shoes, business shoes, kids' shoes and sandals, among others. As of February 28, 2014, the Company had 14 subsidiaries.