Home
Market News
Breaking stock market headlines
Earnings Flash
Breaking coverage of earnings reports, forecasts & dividend updates
Trends
Market movers, trading patterns & key market indicators
Disclosures
Official filings & reports from listed Japanese companies
Explorer
Stock lists filtered by fundamental & technical metrics
ABC-MART rebounds for first time in three days on strong summer product sales, May same-store sales up for fifth consecutive month
ABC-MART,INC. <2670> rebounded for the first time in three days. Investors welcomed the company's announcement after the close on June 2 that May same-store sales rose 8.8% year-on-year, marking a fifth straight month of gains.
Sales grew steadily, particularly at urban street-level stores and commercial complexes, lifted by a favorable calendar tailwind of an extra Sunday and public holiday compared to last year. Summer items like sandals and T-shirts performed well as some regions experienced midsummer temperatures. All-store sales also increased 8.8% year-on-year.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
Related Articles
UNIFORM NEXT surges on 37% sales growth in May driven by fan-equipped workwear
RaQualia Pharma shares soften as research pact with RIKEN draws muted response
South Korean KOSPI closed on the 3rd for holiday
ExaWizards falls sharply as profit-taking dominates despite announcement of new features for exaBase generative AI
Nitori Holdings surges on first year-on-year sales growth in nine months driven by TV advertising
UNITED ARROWS rebounds for first time in six days as May same-store sales rise for eighth consecutive month
AI storm surges on basic agreement with IKUYO for next-generation AI data centers
Kioxia continues record high streak, driven by SOX index surge and exceptional trading volume
FOOD & LIFE COMPANIES shares remain firm as May same-store sales rise 10.5%, marking 35th consecutive month of growth
IHI Corporation shares fall sharply for third day after subsidiary receives 5-month suspension from JAXA