Shimamura <8227> continues to grow drastically. Financial results for the 3rd quarter were announced the day before, and operating income for the fiscal year ending September-November was 15.2 billion yen, down 2.1% from the same period last year, and it seems that market expectations were lowered by about 1 billion yen. Sluggish sales growth due to the effects of lingering heat, and unscheduled effects of SG&A expenses contributed negatively. Meanwhile, according to the monthly trend for December, which was announced at the same time, existing store sales increased 14.9% from the same month last year, which is 2-digit growth for the first time in 16 months. Sales of winter goods remained strong due to a drop in temperature, leading to expectations for fourth quarter results.
しまむら---大幅続伸、第3四半期決算下振れも12月の月次好調を評価
Shimura - Significant continuous increase, despite the third quarter financial results falling short, the positive monthly performance in December is being evaluated.
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