ABC-Mart, Inc. Reports Consolidated Earnings Results for the Nine Months Ended November 30, 2016; Provides Consolidated Earnings Guidance for the Year Ending February 28, 2017
January 12, 2017 at 01:35 pm IST
Share
ABC-Mart, Inc. reported consolidated earnings results for the nine months ended November 30, 2016. For the period, the company reported net sales of ¥178,933 million against ¥177,547 million a year ago. Operating income was ¥32,044 million against ¥32,803 million a year ago. Ordinary income was ¥32,721 million against ¥33,378 million a year ago. Profit attributable to owners of parent was ¥22,155 million or ¥0.00 per diluted share against ¥20,273 million or ¥245.68 per diluted share a year ago. Income before income taxes and minority interests was ¥33,203 million against ¥32,500 million a year ago.
The company provided consolidated earnings guidance for the year ending February 28, 2017. For the year, the company expects net sales of ¥240,500 million, operating income of ¥42,060 million, ordinary income of ¥42,860 million, profit attributable to owners of parent of ¥27,880 million or ¥337.81 per share.
ABC-MART,INC. is a Japan-based company mainly engaged in the sale, planning and development of shoes. The Company operates in two regional segments, including Domestic and Overseas. The Company is engaged in the sale of shoes, shoes related accessories and apparel products under the brands HAWKINS,VANS, saucony, DANNER, NUOVO Collection and White's Boots through shoes retail stores ABC-MART in domestic and overseas. The Company is also engaged in the planning, manufacture and sale of products, as well as the operation of retail stores DANNER in the United States.
ABC-Mart, Inc. Reports Consolidated Earnings Results for the Nine Months Ended November 30, 2016; Provides Consolidated Earnings Guidance for the Year Ending February 28, 2017
ABC-MART,INC. 
