Bic Camera Inc. Provides Earnings Guidance for the Six Months Ended February 28, 2023 and Year Ending August 31, 2023
October 12, 2022 at 11:30 am IST
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Bic Camera Inc. provided earnings guidance for the six months ended February 28, 2023 and year ending August 31, 2023. For the year six months, the company expected net sales of JPY 407,000 million, operating profit of JPY 6,900 million, ordinary profit of JPY 8,000 million, profit attributable to owners of parent of JPY 2,800 million or JPY 16.36 EPS.
For the year ending August 31, 2023, the company expected net sales of JPY 823,500 million, operating profit of JPY 17,300 million, ordinary profit of JPY 19,300 million, profit attributable to owners of parent of JPY 7,800 million or JPY 45.57 EPS.
BIC CAMERA INC. is a Japan-based company engaged in the sale of goods such as audio-visual products, home appliances and information communication equipment products. Audio-visual products include cameras, televisions, recorder & video cameras, as well as audio products, among others. Home appliances include refrigerators, washing machines, cooking appliances, seasonal appliances, and beauty appliances. Information communication equipment products include personal computers, personal computer peripherals, computer software, and mobile phones. The Company also sells watches, second-hand computers, sporting goods, toys, glasses, contact lenses, alcoholic beverages, food, drinks, pharmaceuticals, as well as daily necessities. The Company is also involved in the broadcasting business, the logistics business, the recycling & reuse business, the communication service agency business, as well as the planning and sale of security equipment products.