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Kobe Bussan's July Sales Rise 7.6%

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Kobe Bussan's (TYO:3038) July net sales reached 50.6 billion yen, up 7.6% on a non-consolidated basis, according to a Wednesday filing on the Tokyo Stock Exchange.

The supermarket operator's gross profit slipped 1% to 5.1 billion yen, while operating profit fell 5.7% to 2.9 billion yen.

The Gyomu Super operator opened one direct-managed and four indirectly-run stores in the month, bringing its network to 1,144 locations. There were no closures.

Shipments to existing stores in directly managed areas increased 4.5%, and nationwide shipments rose 6.5% from a year earlier.

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