Adastria Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended November 30, 2018; Provides Consolidated Earnings Guidance for the Year Ending February 28, 2019
December 27, 2018
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Adastria Co., Ltd. reported consolidated earnings results for the nine months ended November 30, 2018. For the nine months, the company reported net sales of JPY 162,345 million compared to JPY 163,269 million a year ago. Operating profit was JPY 5,700 million compared to JPY 6,739 million a year ago. Net income was JPY 3,081 million compared to JPY 6,444 million a year ago. Net income per share was JPY 65.48 compared to JPY 136.99 a year ago.
For the year ending February 28, 2019, the company expects consolidated net sales JPY 227,000 million, operating profit of JPY 8,400 million, net income attributable to owners of the parent of JPY 4,400 million and net income per share of JPY 93.54.
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, 2018; Provides Consolidated Earnings Guidance for the Year Ending February 28, 2019
ADASTRIA CO., LTD. 
