EAT&HOLDINGS Co.,Ltd Provides Consolidated Earnings Guidance for the Fiscal First Half Ending August 31, 2023 and Full Year Ending February 29, 2024
April 25, 2023 at 01:30 pm IST
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EAT&HOLDINGS Co.,Ltd provided consolidated earnings guidance for the fiscal first half ending August 31, 2023 and full year ending February 29, 2024. For the first half, the company expects net sales to be JPY 17,000 million, operating profit to be JPY 570 million, profit attributable to owners of parent to be JPY 250 million or basic earnings per share to be JPY 24.59.
For the year, the company expects net sales to be JPY 36,000 million, operating profit to be JPY 1,100 million, profit attributable to owners of parent to be JPY 450 million or basic earnings per share to be JPY 44.25.
Eat&Holdings Co Ltd, formerly Eat& Co Ltd, is a Japan-based company engaged in the production and sale of frozen food products, as well as the operation of restaurant chains. The Company operates in two business segments. The Food segment is engaged in the sale of frozen food products under the brand name OSAKA OHSHO to consumer cooperatives and general mass retailers through wholesalers, as well as to general consumers through electronic commerce (EC) business sites. The Restaurant segment is engaged in the operation of restaurants, including OSAKA OHSHO, which offer Chinese food products; Yottekoya and Taiyo no Tomatomen, which offer noodle products; R Baker Inspired by court rosarian and Coccinelle, which offer cafe and bakery products, as well as the operation of franchise chains. The main products include frozen dumplings, ingredients and skins.