SHIMAMURA Co., Ltd. Provides Earnings Guidance for the Six Months Ending August 20, 2023 and Full Year Ending February 20, 2024
April 04, 2023 at 03:00 am EDT
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SHIMAMURA Co., Ltd. provided earnings guidance for the Six months ending August 20, 2023 and Full year ending February 20, 2024. For the Six months, the company expected net sales of JPY 311,106 million, operating profit of JPY 28,171 million, profit attributable to owners of parent of JPY 19,317 million or JPY 525.62 per share.
For the Full year, the company expected net sales of JPY 635,088 million, operating profit of JPY 54,571 million, profit attributable to owners of parent of JPY 39,522 million or JPY 1,075.41 per share.
SHIMAMURA CO., Ltd. is mainly engaged in the operation of chain stores which principally retails apparel goods. The Company operates nationwide chain stores under the name Fashion Center SHIMAMURA, which sell fashion and utility apparel products, as well as related items for female customers aging from 20 to 50. It also operates other stores such as Avail, which sell men's and women's clothing and shoes aging from 10 to 30; Birthday, which sell baby products and children products; Chambre, which sell goods, interior, clothing, fashion goods for female customers, as well as Divalo, which offer shoes for female customers.