Decline in Ski and Snowboard Equipment Sales Due to the Rebound from Last Year’s Increased Discounting
First written in FY2018-Q2. 1 of 4 entries say "Mitigated", first in FY2018. Latest entry: FY2021-Q2.
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- FY2021-Q2The rebound from last year’s intensified inventory clearance reduced overall salesAnnual report
「Although sales declined following the previous year's increased inventory clearance efforts, golf and outdoor products, considered particularly compatible with the new lifestyle under the COVID-19 pandemic, performed well, and the year was marked by falling temperatures and plentiful snowfall, resulting in sales at 104.1% of the previous-year level.」
The filing states that sales declined following the increased inventory clearance efforts in the same period of the previous year. However, it does not state that the decline was limited to ski and snowboard equipment. - FY2018MitigatedAnnual report
「It was a season marked by falling temperatures and plentiful snowfall for ski and snowboard equipment. However, due to the backlash from increased discount sales aimed at clearing inventory in the previous fiscal year, following two consecutive warm winters, sales were 90.0% of the previous-year level.」
Sales remained below the previous-year level due to the backlash from increased discounting in the previous year, but the ratio to the previous fiscal year was 90.0%, narrowing the decline from 88.8% in the most recent quarter. - FY2018-Q3Sales remained below the previous-year level following the backlash from discounting, but the decline narrowedAnnual report
「It was a season marked by falling temperatures and plentiful snowfall for ski and snowboard equipment. However, due to the backlash from increased discount sales aimed at clearing inventory in the same period of the previous year, following two consecutive warm winters, sales were 88.8% of the previous-year level.」
Although weather conditions were favorable, sales were 88.8% of the previous-year level due to the backlash from increased discounting in the previous year. This was up from 87.8% in the previous quarter, but sales remained below the previous-year level. - FY2018-Q2First statedAnnual report
「It was a season marked by falling temperatures and plentiful snowfall for ski and snowboard equipment. However, due to the backlash from increased discount sales aimed at clearing inventory in the same period of the previous year, following two consecutive warm winters, sales were 87.8% of the previous-year level.」
Although weather conditions were favorable, ski and snowboard equipment sales were 87.8% of the previous-year level due to the backlash from increased discount sales aimed at clearing inventory in the same period of the previous year.