Treasure Factory Co. Ltd. Reports Consolidated Financial Results for the Full Year Ended February 28, 2019; Provides Earnings Guidance for the First Half and Full Year Ending February 29, 2020
April 12, 2019 at 12:35 pm IST
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Treasure Factory Co. Ltd. reported consolidated financial results for the full year ended February 28, 2019. For the year, the company reported Net Sales of JPY 17,737 million against JPY 16,431 million a year ago. Operating Income of JPY 905 million against JPY 621 million a year ago. Net Income of JPY 564 million or JPY 49.79 per share against JPY 345 million or JPY 31.11 per share a year ago.
For the first half fiscal 2020, the company expects, Net Sales of JPY 9,122 million, Operating Income of JPY 197 million and net income of JPY 138 million or JPY 12.20 per share.
For the year ending February 29, 2020, the company expects, Net Sales of JPY 19,741 million, Operating Income of JPY 909 million and net income of JPY 626 million or JPY 55.32 per share.
Treasure Factory Co.,LTD. is a Japan-based company mainly engaged in the operation of reuse shop. The Companyâs main products are second-hand goods that are reused items, including clothing, home appliances, furniture, household goods, branded goods, sports and outdoor goods, musical instruments, hobby goods, among others. The Company operates through six store formats. Treasure Factory handles a variety of reused items. Trefaku Style specializes in clothing and accessories. Brand Collect specializes in used brand clothing. Trefuf Sports specializes in sports outdoor equipment. Uselet specializes in low-cost clothing and accessories and Trefaku Market is a suburban large-scale store that mainly handles home appliances and furniture. The Company is also involved in the sale of products through the internet.
Treasure Factory Co. Ltd. Reports Consolidated Financial Results for the Full Year Ended February 28, 2019; Provides Earnings Guidance for the First Half and Full Year Ending February 29, 2020