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Wagokoro surges after three-day decline on 15.5% rise in May same-store sales for inbound MD business
Shares of Wagokoro Co., Ltd. <9271> surged sharply on Tuesday, snapping a three-day losing streak. The rally was triggered by the company's May business progress report released after the close on Monday, June 1, which showed same-store sales for its inbound merchandise (MD) business grew 15.5% year-on-year, marking the 15th consecutive month of year-on-year expansion. The growth rate accelerated significantly from a modest 0.8% uptick in April, fueling strong buyer interest. Total sales across all permanent locations jumped 60.1% year-on-year.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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