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ABC-MART Rebounds as March Same-Store Sales Rise for Third Consecutive Month
ABC-MART <2670> rebounded, boosted by the company's announcement after trading ended on the 2nd that same-store sales in March rose 5.5% year-on-year, marking the third consecutive month of growth compared to the previous year.
Despite having one fewer Saturday than the previous year, the company benefited from many warm days and stable weather conditions. Inbound tourism also contributed, with strong foot traffic particularly at street-level stores. By product category, new sneaker models with enhanced promotions performed well, while loafers and kids' shoes saw solid demand for the new school term. In apparel, lightweight outerwear remained steady. Total sales across all stores increased 7.1% year-on-year.
Source: MINKABU PRESS
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