Expanding margins and holding the line on spending helped the Japanese retailer to grow profits 39% to ¥803 million ($7.1 mm) in the fiscal first half from ¥578 million, despite 8% lower revenues of ¥28,238 million ($248.4 mm) from ¥30,602 million. Himaraya did not provide year-over-year comps by category due to a change in the revenue recognition standard, but noted that sales of general sporting goods were sluggish because of the Covid-related restraints on various sports activities. Other categories did better, with solid ski and ... Log in to view full article.