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Komehyo Holdings Co., Ltd. ( (JP:2780) ) just unveiled an announcement.
Komehyo Holdings Co., Ltd. reported a significant increase in net sales for the nine months ending December 31, 2024, amounting to 111,815 million yen, a 32.9% increase compared to the same period in the previous year. However, the operating and ordinary profits saw slight declines, and the company revised its full-year financial forecast, expecting a decrease in operating and ordinary profits by 19.5% and 21.6%, respectively. This revision indicates potential challenges in maintaining profitability despite growth in sales, which could impact stakeholder confidence.
More about Komehyo Holdings Co., Ltd.
Komehyo Holdings Co., Ltd. operates in the retail industry, focusing on the sale of pre-owned luxury goods, including jewelry, watches, and branded items. The company is listed on the Tokyo and Nagoya stock exchanges and aims to cater to the growing market for second-hand luxury products.
YTD Price Performance: -0.89%
Average Trading Volume: 107,652
Technical Sentiment Consensus Rating: Hold
Current Market Cap: Yen42.78B
For a thorough assessment of 2780 stock, go to TipRanks’ Stock Analysis page.
