しまむら announced its results on 28 September. Ordinary profit for March-August rose 7.3% year on year to ¥34.9 billion, while June-August ordinary profit was ¥16.1 billion, down 3.5%. The company estimates that second-half ordinary profit will increase to ¥33.8 billion and has left its full-year forecast unchanged at ¥68.8 billion.
しまむら released its earnings report, posting consolidated ordinary profit of ¥34.9 billion for March-August, up 7.3% year on year. See the main text for the reported figures for net sales and operating profit.
Ordinary profit for the latest three-month period, June-August, was ¥16.1 billion, down 3.5% year on year. The operating profit margin on net sales declined from the previous period.
The company estimates that second-half ordinary profit will increase to ¥33.8 billion, while the full-year forecast remains unchanged at ¥68.8 billion. Progress was approximately 50%.
Results for September-February and progress against the full-year forecast are expected to remain the focus of subsequent reports.