Arclands shares firm after releasing May sales results
Shares of ARCLANDS CORPORATION <9842> traded firmly on Thursday. Following Wednesday's market close, ARCLANDS released its year-on-year sales figures for May. Same-store sales in its retail division climbed 10.8% year-on-year, maintaining positive momentum. Both customer traffic and average spending per customer increased. All-store sales rose 15.2%.
Meanwhile, in its food service segment, same-store sales at Katsuya continued to trend downward, declining 4.8% year-on-year. While average spending per customer rose, it was insufficient to offset a drop in customer traffic. However, all-store sales posted a modest gain of 0.9%.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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