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Article Date: March 2021
Word Count: 145

Himaraya Returns to Profit on Strong Outdoor and Ski Sales


The Japanese retailer’s bottom line rebounded to a profit of ¥578 million ($5.4 mm) in the fiscal first half ended Feb. 28, from a loss of ¥386 million prior, as revenues grew 4% to ¥30,602 million ($286.6 mm) from ¥29,408 million. Sales gains were driven by outdoor equipment (+25%), and ski and snowboard (+21%), while golf inched up 2% and general sports equipment was down 3% year-over-year. Gross margin expanded 240 basis points ... Log in to view full article.

 


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