ABC-Mart, Inc. Reports Consolidated Earnings Results for the Nine Months Ended November 30, 2018; Provides Consolidated Earnings Guidance for the Year Ending February 28, 2019
January 08, 2019
Share
ABC-Mart, Inc. reported consolidated earnings results for the nine months ended November 30, 2018. For the nine months, the company reported net sales of ¥196,158 million against ¥188,637 million a year ago. Operating income was ¥33,274 million against ¥32,704 million a year ago. Ordinary profit was ¥34,298 million against ¥33,559 million a year ago. Profit was ¥23,091 million or ¥278.21 per share against ¥22,339 million or ¥269.34 per share a year ago. Profit before income taxes was ¥24,010 million against ¥33,237 million a year ago.
The company provided consolidated earnings guidance for the year ending February 28, 2019. For the year, the company expects net sales of ¥263,400 million, operating profit of ¥43,900 million, ordinary profit of ¥44,600 million and profit attributable to owners of parent of ¥29,740 million or ¥360.34 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, 2018; Provides Consolidated Earnings Guidance for the Year Ending February 28, 2019