Pepper Food Service Co., Ltd. Reports Consolidated Earnings for the First Quarter Ended March 2019; Provides Consolidated Earnings Guidance for the Second Quarter Ending June 2019 and Fiscal Year Ending December 2019
May 10, 2019 at 03:30 am EDT
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Pepper Food Service Co., Ltd. reported consolidated earnings for the first quarter ended March 2019. For the quarter, the company reported net sales of JPY 17,588 million against JPY 13,213 million a year ago. Operating profit was JPY 178 million against JPY 768 million a year ago. Profit attributable to owners of parent was JPY 585 million against JPY 361 million a year ago. Basic earnings per share were JPY 28.08 against JPY 17.52 a year ago. Diluted earnings per share were JPY 27.31 against JPY 16.77 a year ago.
For the second quarter ending June 2019, the company forecasted consolidated net sales of JPY 42,187 million, operating profit of JPY 1,867 million, profit attributable to owners of parent of JPY 1,069 million and basic earnings per share JPY 51.21.
For the fiscal year ending December 2019, the company forecasted consolidated net sales of JPY 93,562 million, operating profit of JPY 5,594 million, profit attributable to owners of parent of JPY 3,493 million and basic earnings per share JPY 167.33.
Pepper Food Service Co Ltd is a Japan-based company mainly engaged in the operation of restaurants. The Company operates through four business segments. The Ikinari! Steak Business segment is engaged in the operation of charcoal-grilled steak restaurant Ikinari! Steak, operated directly by the group, a franchise, or a consignment business. The Pepper Lunch Business segment has three businesses: franchise business, direct management business and consignment business. It operates stores such as Pepper Lunch, Pepper Lunch Diner, 92's and food court type Charcoal-grilled Hamburg Steak Kuni, Tokyo 634 Burg, Musashi Hamburg. The Restaurant Business segment operates custom-cut steak restaurants, tonkatsu stores, beef tongue restaurants and others as a direct management, franchise and consignment business of the group. The Product Sales Business segment sells ingredients such as tonkatsu sauce, frozen pepper rice, dressing, and lux ham, as well as chopsticks.
Pepper Food Service Co., Ltd. Reports Consolidated Earnings for the First Quarter Ended March 2019; Provides Consolidated Earnings Guidance for the Second Quarter Ending June 2019 and Fiscal Year Ending December 2019
PEPPER FOOD SERVICE CO., LTD. 
