Shares of アップガレージグループ, which operates a reuse business for car accessories, extended their gains following the release of its September monthly sales. Sales exceeded the previous year's results across company-operated and franchised stores, with particularly notable growth at existing stores.
アップガレージグループ released its monthly sales for September, prompting a share-price response. Same-store sales at company-operated stores rose 11.4% year on year, while sales at all company-operated stores rose 25.3%, indicating firm sales across store formats.
Same-store sales at franchise stores rose 6.7% year on year, while sales at all franchise stores rose 10.2%. Combined sales at all company-operated and franchised stores increased 13.7% year on year. Strong purchases and sales of used tires and wheels, Riders products and car accessories contributed to the results.
Firm reuse demand against the backdrop of higher prices supported performance, and the shares closed at ¥1,452 on the 6th, up ¥25 from the previous day.