Preview - Please log in to view full article.

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.


Already a subscriber?

User Name:  


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.