CHINA DONGXIANG (03818) announced that in the third quarter of the fiscal year 2024/25, the Kappa brand stores of the group...
According to the Zhichun Finance APP, CHINA DONGXIANG (03818) announced that in the third quarter of the 2024/25 fiscal year, retail sales of the group's Kappa brand stores experienced a low double-digit decline year-on-year.
In the cumulative results for the 2024/25 fiscal year, retail sales of the group's Kappa brand stores saw a high single-digit decline year-on-year.
In the third quarter of the 2024/25 fiscal year, compared to the same quarter last year, same-store sales from Kappa brand stores that were already in operation showed a high single-digit decline year-on-year.
In the cumulative results for the 2024/25 fiscal year, calculated from Kappa brand stores that were already in operation at the beginning of the same quarter last year, same-store sales experienced a high single-digit decline year-on-year.
As of the end of the third quarter on December 31, 2024, the group had 1,005 Kappa brand stores, which is a net decrease of 7 compared to March 31, 2024 (the end of the 2023/24 fiscal year).
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