kabutan

Shares of Watts rise for the third consecutive day, breaking above the 25-day moving average as March same-store sales grow for the sixth straight month.

Tue Apr 7, 2026 10:55 am JST Catalyst

Shares of Watts <2735> rose for the third consecutive day, breaking above the 25-day moving average. The rally followed the company's release of March monthly sales figures after the market close on the 6th. Same-store sales for its directly operated 100-yen shops surged 7.0% year-on-year, marking the sixth consecutive month of growth. Investors particularly cheered the significant acceleration in momentum compared to February's 2.8% increase.

On an all-store basis, sales for directly operated 100-yen shops rose 7.4% year-on-year. During the month, the company continued to optimize its retail footprint, opening 16 new stores and closing 14, resulting in a net increase of two locations.

Source: MINKABU PRESS

Related Articles