CURVES HOLDINGS Co., Ltd. Consolidated Provides Earnings Guidance for the First Half and Fiscal Year Ending August 31, 2022
October 14, 2022 at 02:30 am EDT
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CURVES HOLDINGS Co., Ltd. provided consolidated earnings guidance for the First half and fiscal year ending August 31, 2022. For the period, the company expects Net sales to be JPY 14,600 million. Operating profit to be JPY 1,905 million. Profit attributable to owners of parent to be JPY 1,269 million. Earnings per share to be JPY 13.79 per share.
For the full year, the company expects Net sales to be JPY 30,000 million. Operating profit to be JPY 3,700 million. Profit attributable to owners of parent to be JPY 2,422 million. Earnings per share to be JPY 26.32 per share.
Curves Holdings Co Ltd is a Japan-based company mainly engaged in the operation of Curves, a fitness facility for women. The Curves segment is mainly engaged in the fitness club business. The domestic curve business is engaged in the introduction of system necessary for management guidance and business operation for franchisees (FC), the provision and sale of technology, equipment, product and printed matter, as well as the performance of support operations such as opening stores for franchisees and sale operations for members. The Company is also engaged in the development of directly managed stores. The overseas curves business is engaged in the management of royalties and sale of equipment used at stores to master franchisees around the world, including Japan, as well as the provision of operation support services to franchise member stores.