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Article Date: November 2024
Word Count: 396

Japanese Retailers See Mid-Singles Sales Growth


Net income inched down 0.3% to ¥2,016 million ($13.5 mm) from ¥2,021 million on a 4% sales gain to ¥125,179 million ($839.6 mm) compared to ¥120,052 million for Xebio’s fiscal first half ended Sep. 30. Sales of General Sporting Goods & Shoes increased 8% to ¥46,163 million and Sports Apparel grew 5% to ¥13,409 million. Golf ticked up 0.4% to ¥41,249 million, while the smaller Winter category posted a 13% gain to ¥207 million. Outdoor declined 5% to ¥16,784 million, and Other was up 6% to ¥7,364 million. Gross margin expanded ... Log in to view full article.

 


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