Sales during the mid-year gift-giving season fell below the previous year's results
First written in FY2018-Q2. 1 of 6 entries say "Dropped", first in FY2018. Latest entry: FY2022-Q2.
No other company in this theme has enough history to compare yet.
- FY2022-Q2Strong summer gift sales alongside an overall shortfall against planAnnual report
「In-store summer gift sales held up well as consumers sought to strengthen personal ties during the COVID-19 pandemic and gift demand increased for people they could not ordinarily meet. Related products, including food, also remained firm on the back of stay-at-home demand.」
In contrast to previous mentions of weak summer gift demand, summer gift sales were reported to have held up well due to consumption aimed at strengthening personal ties and increased gift demand. However, cumulative second-quarter sales at all stores fell below plan. - FY2021-Q2Further deterioration in summer gift sales versus the previous yearAnnual report
「In the summer gift business, measures were implemented to avoid the 3 Cs and a gift center was opened, but sales fell below the previous year's level.」
Although a gift center was opened after measures were taken to avoid the 3 Cs, summer gift sales fell below the previous year's level. - FY2019-Q3Renewed mention of weak summer and year-end gift demandAnnual report
「However, although the company as a whole was recovering compared with the second quarter, sales fell below forecasts at all stores due to weak summer and year-end gift demand, as well as the impact of repeated natural disasters in September.」
In addition to weak summer gift demand, weak year-end gift demand was cited as a performance factor and, together with natural disasters, led to sales falling below forecasts at all stores. - FY2019-Q2Renewed mention of weak summer gift demandAnnual report
「However, across the Group, sales at all stores fell below forecasts because of weak demand during the mid-year gift-giving season, as well as the effects of consecutive days of extreme heat and typhoons.」
Weak summer gift demand was again cited as a performance factor and, together with extreme heat and typhoons, led to sales falling below forecasts at all stores. - FY2018DroppedAnnual reportThis filing does not directly mention summer gift sales falling below the previous year's results.
- FY2018-Q2First statedAnnual report
「In addition to continued weakness in core apparel sales, summer gift sales fell below the previous year's results.」
Summer gift sales for the cumulative second-quarter period were reported to have fallen below the previous year's results.