Zett Profit Drops despite Higher Sales
Net income plummeted 41% in the fiscal first quarter ended June 30 to ¥209 million ($1.4 mm) from ¥356 million last year, despite sales improving 7% to ¥14,473 million ($100.2 mm) from ¥13,539 million. The wholesale segment accounted for the whole increase, hitting ¥14,038 million in sales, with growth across all categories. Zett brand apparel and uniforms drove baseball and softball, and soccer apparel and footwear ... Log in to view full article.
