Xebio Co., Ltd. Announces Consolidated Earnings Results for the First Quarter of Fiscal Year 2020; Provides Consolidated Earnings Guidance for Fiscal Year 2020
August 02, 2019
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Xebio Co., Ltd. announced consolidated earnings results for the first quarter of fiscal year 2020. For the quarter, the company reported net sales of JPY 60,796 million against JPY 61,338 million a year ago. Operating profit was JPY 3,775 million against JPY 4,511 million a year ago. Net profit was JPY 1,498 million against JPY 2,897 million a year ago.
For fiscal year 2020, on consolidated basis, the company expects net sales of JPY 64,656 million, operating profit of JPY 4,446 million and net profit of JPY 2,448 million.
Xebio Holdings Co Ltd is a Japan-based company mainly engaged in the general retail business, primarily sporting goods and equipment and apparel. The sports business division operates large sporting goods specialty stores and golf specialty stores. It also offers casual apparel. The fashion apparel division includes the Next business, which has a tie-up with a British manufacturer and retailer and exclusively sells products designed by the Company in Japan, and the X'style and Rookie USA businesses, which develop their own fashion lineup. Other businesses include sports eyeglass and sunglass specialty stores, sports drug specialty stores, and fancy stationery and sundry specialty stores. The Company also operates sports marketing business, credit card business, website management business, marketing agency business, e-commerce (EC) business, overseas contact center business, and research and development (R&D) business.
Xebio Co., Ltd. Announces Consolidated Earnings Results for the First Quarter of Fiscal Year 2020; Provides Consolidated Earnings Guidance for Fiscal Year 2020