Xebio Profit Declined in Fiscal First Half
Net income slipped 8% to ¥3,433 million ($30.8 mm) at the Japanese retailer in the fiscal first half ended Sep. 30 from ¥3,724 million on slightly lower revenues of ¥116,437 million ($1,044.4 mm) compared to ¥116,789 million. Gross margin was down 80 basis points to 39.9%. Golf sales declined 1% to ¥31,499 million and general sporting goods was down 4% to ... Log in to view full article.
