Nitori Holdings surges in sharp rebound as August same-store sales rise for second straight month
Nitori Holdings Co., Ltd. <9843> surged, rebounding for the first time in four sessions, after August domestic same-store sales rose 4.4% year-on-year, marking a second straight month of growth.
Sales of dining and living room furniture, home appliances, lighting, and bedding performed well, driven by a summer appreciation sale, monthly themed promotions, and TV commercials. Total store sales rose 7.1% year-on-year.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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