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Pickles Holdings shares fall sharply on lower operating profit forecast for February 2027 amid cautious consumer spending
Shares of Pickles Holdings Co., Ltd. <2935> fell sharply. Following the market close on the 14th, the company announced its consolidated earnings forecast for the fiscal year ending February 2027, projecting sales of 41.0 billion yen (up 0.2% year-on-year) and an operating profit of 1.82 billion yen (down 12.7% year-on-year). The projected profit decline triggered a sell-off.
The outlook reflects cautious consumer spending amid rising prices, as well as trends among major clients. The dividend forecast was maintained at 29 yen per share. Separately, the company reported earnings for the fiscal year ended February 2026, posting sales of 40.923 billion yen (down 1.4% year-on-year) and an operating profit of 2.085 billion yen (up 63.0% year-on-year).
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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