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Article Date: January 2023
Word Count: 163

Himaraya Profits Decline despite Top Line Growth


Net income at the Japanese retailer contracted by 12% to ¥298 million ($2.3 mm) in the fiscal first quarter ended Nov. 30, from ¥338 million last year on revenues that inched up 2% to ¥13,557 million ($103.2 mm) from ¥13,232 million. Outdoor equipment sales were lower, dropping 5% to ¥2,556 million, but outdoor apparel demand remained strong. The resumption of various sports activities and clubs helped general sports to increase 5% to ... Log in to view full article.

 


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