パレモ・ホールディングス released preliminary August existing-store sales, which rose 1.2% year on year and exceeded the previous year's level for the first time in 4 months. The figures cover monthly sales from 21 July to 20 August.
パレモ・ホールディングス, which sells women's apparel and general merchandise, released preliminary monthly sales for August. Existing-store sales rose 1.2% year on year, exceeding the previous year's level for the first time in 4 months.
The comparison period for sales was the month from 21 July to 20 August, and the announcement was explicitly identified as preliminary.
The result suggests that existing-store sales have moved out of the period in which they were below the previous year's level and are showing signs of recovery. However, the article provided no outlook or analysis of the factors behind the result.
The report was also corroborated by kabushiki.jp and finance.yahoo.co.jp, which carried similar accounts.
As noted above, August existing-store sales at パレモ・ホールディングス increased 1.2% year on year, exceeding the previous year's level for the first time in 4 months.