ABC-Mart,Inc. Provides Consolidated Earnings Guidance for the Six Months Ending August 31, 2024 and Full Year Ending February 28, 2025
April 10, 2024 at 02:00 am EDT
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ABC-Mart,Inc. provided consolidated earnings guidance for the six months ending August 31, 2024 and full year ending February 28, 2025. For the six months, the company expects net sales of JPY 182,700 million, operating profit of JPY 31,000 million, profit attributable to owners of parent JPY 21,250 million and basic earnings per share of JPY 85.82.
For the year ending February 28, 2025, the company expects net sales of JPY 365,800 million, operating profit of JPY 58,700 million, profit attributable to owners of parent JPY 40,300 million and basic earnings per share of JPY 162.75.
ABC-MART, INC. is a Japan-based company mainly engaged in the sale of shoes. The Company operates retail stores under the names ABC-MART and NUOVO. The stores provide self-planned shoes under brand names HAWKINS, VANS, DANNER and NUOVO Collection, as well as national brand goods. The Company is also engaged in the planning, development and production of shoes. The Company sells sport shoes, leather casuals, ladies' shoes, business shoes, kids' shoes and sandals, among others. As of February 28, 2014, the Company had 14 subsidiaries.