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Article Date: February 2022
Word Count: 157

Xebio Profits Soar Year-to-Date


Net income for the multi-banner Japanese retailer increased five-fold to ¥4,596 million ($40.4 mm) in the first nine months of its fiscal year, from ¥888 million prior, as revenues grew 12% to ¥167,045 million ($1,469.2 mm) from ¥149,662 million. Sales in the Dec. quarter were up just 2% from 2020, however. Golf was the main sales driver, growing 24% to ¥57,775 million year-to-date, but all categories comped up, including general sporting goods and footwear, up 12% to ¥50,658 million; ... Log in to view full article.

 


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