Golf & Co Group Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 20, 2023 at 02:05 am EDT
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Golf & Co Group Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was ILS 220.96 million compared to ILS 247.32 million a year ago. Net income was ILS 2.81 million compared to ILS 15.72 million a year ago. Basic earnings per share from continuing operations was ILS 0.06 compared to ILS 0.36 a year ago. Diluted earnings per share from continuing operations was ILS 0.06 compared to ILS 0.36 a year ago.
For the six months, sales was ILS 454.61 million compared to ILS 454.67 million a year ago. Net loss was ILS 8.79 million compared to ILS 3.15 million a year ago. Basic loss per share from continuing operations was ILS 0.2. Diluted loss per share from continuing operations was ILS 0.2.
Golf & Co Group Ltd is an Israel-based engaged in the field of textile and home design, fashion and clothing. It operates in two activity sectors: the fashion apparel sector which includes the chains Golf, Polgat, Intima, Golf Kids and Baby, Max Moretti, Blue Bird and Sprint, and the home fashion sector which includes Golf and Co. It offers home fashion products, such as bed linens, blankets, towels, carpets, cushions, drapes, decorative items, and bathroom accessories; a range of candle products, body and facial care products, and hand creams; and spa products, as well as aromatherapy products under the brand Purity. The Company also provides fashion accessories, which include jewelry, bags, sun glasses, scarves, hats, belts, purses, and shoes for men and women; intimate wear, including lingerie, night wear, leisure clothing, swim, and beach wear; basic and fashionable collections for men, women, and youngsters, as well as children and babies. The Company has a network of 280 stores.
GOLF & CO GROUP LTD 
