H2O Retailing Group, a major department store operator, announced preliminary figures showing August all-store sales up 6.8% year on year. Both domestic customer sales and duty-free sales rose by approximately 10%, exceeding the previous year for 6 consecutive months. Sales grew particularly strongly during the Obon period.
H2O Retailing (H2Oリテイ), a major department store operator, announced preliminary figures showing that all-store sales in August increased 6.8% year on year. The announcement indicated that all-store sales had exceeded the previous year for 6 consecutive months. Both domestic customer sales and duty-free sales were approximately 10% higher than a year earlier.
In particular, sales growth from the 13th to the 15th during the Obon holiday period was in the double digits year on year, supporting overall growth. The closing price that day was ¥2,929, down ¥86 from the previous day.
Provided by Wealth Advisor. Related articles on trends among other stocks during the first half and flash earnings reports are also listed.