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BRONCO BILLY shares surge with buy orders, driven by 88% jump in Q1 operating profit
BRONCO BILLY Co.,LTD. <3091> surged as it remained untraded with a glut of buy orders following a strong first-quarter earnings report released after the close on the 21st. For the January-March period, sales rose 13.1% year-on-year to 8,241 million yen, while ordinary profit jumped 87.6% to 1,037 million yen. The company’s ordinary profit has already reached 34% of its full-year forecast, fueling expectations for an upward revision to guidance. Performance was bolstered by increased repeat traffic following a successful three-month promotional campaign at its steak and hamburger restaurants that began last October.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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