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Article Date: March 2019
Word Count: 147

Himaraya Has Loss in Fiscal First Half

Comprehensive net loss was ¥69 million ($0.6 mm) is the fiscal first half ended Feb. 28 against a profit of ¥319 million last year on flat revenues of ¥32,404 million ($287.3 mm) against ¥32,255 million at the Japanese retailer. Gross margin contracted 110 basis points to 34.0%, blamed on a higher percentage of more promotional online sales to compete with other e-commerce retailers, but SG&A was flat at 34.3% of sales. General sporting ... Log in to view full article.


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