ABC-Mart, Inc. Reports Consolidated Earnings Results for the Nine Months Ended November 30, 2017; Provides Consolidated Earnings Guidance for the Year Ending February 28, 2018
January 11, 2018 at 04:00 am
Share
ABC-Mart, Inc. reported consolidated earnings results for the nine months ended November 30, 2017. For the nine months, the company reported net sales of ¥188,637 million against ¥178,933 million a year ago. Operating income was ¥32,704 million against ¥32,044 million a year ago. Ordinary income was ¥33,559 million against ¥32,721 million a year ago. Profit attributable to owners of parent was ¥22,229 million or ¥269.34 per share against ¥22,155 million or ¥268.45 per share a year ago. Profit before income taxes was ¥33,237 million against ¥33,203 million a year ago.
The company provided consolidated earnings guidance for the year ending February 28, 2018. For the year, the company expects net sales of ¥252,200 million, operating income of ¥42,500 million, ordinary income of ¥43,500 million, profit attributable to owners of parent of ¥28,730 million or ¥348.11 per share.
ABC-MART,INC. is a Japan-based company mainly engaged in the sale, planning and development of shoes. The Company operates in two regional segments, including Domestic and Overseas. The Company is engaged in the sale of shoes, shoes related accessories and apparel products under the brands HAWKINS,VANS, saucony, DANNER, NUOVO Collection and White's Boots through shoes retail stores ABC-MART in domestic and overseas. The Company is also engaged in the planning, manufacture and sale of products, as well as the operation of retail stores DANNER in the United States.
ABC-Mart, Inc. Reports Consolidated Earnings Results for the Nine Months Ended November 30, 2017; Provides Consolidated Earnings Guidance for the Year Ending February 28, 2018