GIFT HOLDINGS' share price rose from the previous Friday's close, and the company raised its earnings forecast for the fiscal year ending October 2026. Consolidated operating profit was raised to ¥5 billion, existing-store sales are expected to increase 3% year on year, and the effect of lower food costs was reflected.
GIFT HOLDINGS, which operates a ramen restaurant chain, raised its full-year earnings forecast. Consolidated operating profit is expected to increase approximately 48.5% from the previous fiscal year to ¥5 billion, an upward revision from the previous forecast.
Existing-store sales at directly operated stores in Japan, excluding remodeled stores, are expected to increase 3% year on year. The company also incorporated the effect of lower food costs through the third quarter into its full-year forecast, making this a factor supporting profit.
The assumptions for the fourth quarter were left unchanged from the previous forecast. The disclosure states that, if a revision is deemed necessary, the company will make a further announcement after the third-quarter results. The closing share price on 24 February was ¥5,180, up ¥80 from the previous Friday's close.