Trial Holdings rebounds as same-store sales rise for fifth consecutive month in May
Trial Holdings <141A> shares rebounded after its May sales flash report, released after the close on the 10th, showed same-store sales rose 7.2% year-on-year, marking a fifth straight month of growth.
Ready-made meals and fresh produce drove sales during the Golden Week holidays, while sunny weather and higher average temperatures boosted demand for summer products. Additionally, two extra holidays compared to last year provided a roughly 1.9 percentage point uplift to same-store sales, lifting total sales 15.1% year-on-year.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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