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Article Date: May 2018
Word Count: 142

Xebio Topped $2 Billion in Sales Last Year

The Japanese retailer’s bottom line surged 42% to ¥4,249 million ($37.9 mm) from ¥2,991 million in the fiscal year ended Mar. 31 on 5 % higher revenues of ¥234,595 million ($2,091.5 mm) vs. ¥223,353 million. Same store sales increased 4.3% at the Xebio banner and 1.8% at Victoria stores. Gross margin contracted 40 basis points to 39.5% but profitability was boosted by 170 b.p. lower SG&A from reduced ad spending and ... Log in to view full article.


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