Adastria Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended November 30, 2017; Provides Consolidated Earnings Guidance for the Fiscal Year Ending February 28, 2018
January 09, 2018 at 09:30 pm
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Adastria Co., Ltd. reported consolidated earnings results for the nine months ended November 30, 2017. For the quarter, the company reported net sales of JPY 163,269 million against JPY 148,925 million a year ago. Operating profit was JPY 6,890 million against JPY 13,632 million a year ago. Ordinary profit was JPY 7,238 million against JPY 13,800 million a year ago. Net income attributable to owners of the parent was JPY 6,594 million against JPY 11,172 million a year ago. Net income per share was JPY 140.19 against JPY 232.92 a year ago. EBITDA was JPY 13,849 million against JPY 19,511 million a year ago. EPS before goodwill amortization was JPY 182.88 against JPY 267.07 a year ago. Net income before income taxes was JPY 11,261 million against JPY 17,507 million a year ago.
The company provided consolidated earnings guidance for the fiscal year ending February 28, 2018. For the period, the company expects net sales of JPY 230,500 million, operating profit of JPY 13,500 million, ordinary profit of JPY 13,500 million, net income attributable to owners of the parent of JPY 11,000 million, net income per share of JPY 233.84, EBITDA of JPY 22,800 million and EPS before goodwill amortization of JPY 291.23.
Adastria Co Ltd, formerly Adastria Holdings Co Ltd is mainly engaged in the apparel and miscellaneous goods retail business. The domestic product sales business includes casual fashion brands such as Global Work, LOWRYS FARM, LEPSIM, JEANASiS and RAGEBLUE, and lifestyle brands such as nico and ..., studio CLIP and BAYFLOW.It develops e-commerce (EC) specialized brands such as apres jour. It develops fashion apparels for adults under the brands such as Babylon and BARNYARDSTORM. The Company operates its business under the brand Velvet by Graham and Spencer in the United States. The logistics business, goods are received, inspected, stored and shipped. In order to efficiently purchase products when expanding to multiple stores, the Company inspects and stores the received products by the central buying method and ships the products in a timely manner.
Adastria Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended November 30, 2017; Provides Consolidated Earnings Guidance for the Fiscal Year Ending February 28, 2018
ADASTRIA CO., LTD. 
