Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Nissin Foods Holdings Co ( (JP:2897) ) has shared an announcement.
Nissin Foods Holdings Co. reported a 6% increase in revenue for the third quarter of the fiscal year 2025, despite a 7% year-on-year decline in core operating profit for existing businesses. The domestic instant noodles segment saw slight profit decreases, while the non-instant noodles and frozen foods divisions experienced notable revenue and profit growth. Internationally, revenue rose significantly, particularly in Brazil, but profits were impacted by decreased sales volumes and increased costs in the Americas. The company remains optimistic about achieving its full-year targets through improved U.S. sales and cost optimization strategies.
More about Nissin Foods Holdings Co
Nissin Foods Holdings Co., Ltd. operates in the food industry, primarily focusing on the production and sale of instant noodles and other food products. The company has a strong market presence both domestically in Japan and internationally, with a diverse portfolio that includes frozen foods and non-instant noodle products.
YTD Price Performance: -8.84%
Average Trading Volume: 298
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $6.49B
See more data about 2897 stock on TipRanks’ Stock Analysis page.
