CURVES HOLDINGS Co., Ltd. Revises Consolidated Earnings Forecast for the Six Months Ended February 29, 2024 and Full Year Ending August 31, 2024
March 11, 2024 at 03:00 am EDT
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CURVES HOLDINGS Co., Ltd. revised consolidated earnings forecast for the six months ended February 29, 2024 and full year ending August 31, 2024. For the six months, the company expects net sales of JPY 17,000 million compared to previous guidance of JPY 16,400 million, operating profit of JPY 2,770 million compared to previous guidance of JPY 2,080 million, profit attributable to owners of parent of JPY 1,700 million compared to previous guidance of JPY 1,290 million, earnings per share of JPY 18.47 compared to previous guidance of JPY 14.1.
For the six months, the company expects net sales of JPY 34,600 to JPY 35,000 million compared to previous guidance of JPY 34,000 million, operating profit of JPY 4,900 to JPY 5,100 million compared to previous guidance of JPY 4,700 million, profit attributable to owners of parent of JPY 3,020 to JPY 3,140 million compared to previous guidance of JPY 2,900 million, earnings per share of JPY 32.81 to JPY 34.11 compared to previous guidance of JPY 31.50.
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.
CURVES HOLDINGS CO., LTD. 
