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UNITED ARROWS rebounds for first time in six days as May same-store sales rise for eighth consecutive month
UNITED ARROWS LTD. <7606> rebounded for the first time in six days. Investors welcomed the company's preliminary May sales report, released after the close on June 2, which showed same-store sales combining retail and online channels rose 10.8% year-on-year, marking an eighth straight month of gains.
A favorable calendar tailwind of two extra holidays compared to last year added approximately 2.8 percentage points to the increase. Higher temperatures fueled momentum for early-summer and midsummer items, driving robust sales of shirts, cut-and-sewn products, and sandals across both men's and women's categories. Steady demand for business-casual apparel like jackets and pants also supported sales. Total company sales increased 16.3% year-on-year.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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