Zett Profit Shrinks but Sales Improve
Profits were down 10% in FY24 ended Mar. 31 to ¥810 million ($5.5 mm) from ¥905 million, on 4% higher revenues to ¥51,957 million ($350.3 mm) against ¥49,887 million. Zett’s wholesale segment inched up 5% to ¥50,353 million and the small manufacturing, retail and facilities segment declined 13% to ¥1,604 million. Its own core baseball brand, Converse, and Thule were all called out as driving sales last year. Soccer ... Log in to view full article.
