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TYO:2685

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Asia

And ST HD's Total Store Sales Up 3.8% in July

And ST HD's (TYO:2685) total store sales in July rose 3.8% year-on-year, with same-store sales up 2.2%, according to a Tuesday filing on the Tokyo Stock Exchange.The number of customers at all stores grew 2.5% while spending gained 1.3%.Traffic at same stores increased 0.5% while spending edged up 1.6%.Sales performance was driven by strong demand for summer products, the fashion company said.

TYO:2685
Asia

And ST HD Temporarily Closes All 18 Stores in Kumamoto, Japan, After Earthquake

And ST HD (TYO:2685) is reviewing the financial impact of the Kumamoto Earthquake on its operations, as all 18 of its stores in the prefecture are temporarily closed as of the Wednesday filing.The 7.1-magnitude earthquake on Tuesday also caused "a few minor injuries" to some of the fashion company's employees. No serious incidents or fatalities were reported.In addition, the company suspended e-commerce sales deliveries in Kumamoto and parts of Miyazaki Prefecture, while delays are expected across the Kyushu region.

TYO:2685
Asia

And ST HD's Net Income Slides 11% in Fiscal Q1

And ST HD's (TYO:2685) net income attributable to owners of the parent fell 11% to 3.91 billion yen for the fiscal first quarter from 4.37 billion yen a year earlier.The retailer's net income per share declined to 84.74 yen from 94.70 yen a year ago, according to a Tokyo bourse filing on Tuesday.Net sales rose 3.7% to 80.3 billion yen for the three months ended May 31 from 77.5 billion yen in the prior-year period.For the full fiscal year ending Feb. 28, 2027, the company expects attributable profit of 10.5 billion yen, net income per share of 227.63 yen, and net sales of 314 billion yen.And ST HD plans to pay interim and year-end dividends of 45 yen per share each, bringing the total to 90 yen per share for the year, matching the amount paid in the year-ago period.

TYO:2685
Asia

and ST HD Extends Performance-Linked Stock Plan for Directors

and ST HD (TYO:2685) will continue its performance-linked stock compensation plan for directors by extending the trust period, according to a Thursday filing on the Tokyo Stock Exchange.The plan, in place since 2016, aims to align management incentives with medium- to long-term performance and corporate value. The trust period will be extended by three years to cover fiscal years through February 2029, with plan details largely unchanged.The trust itself is set to run through August 2030 following the extension.

TYO:2685
Research

Iwai Cosmo Securities Starts And ST HD at Neutral Plus with 3,500 Yen Price Target

And ST HD (TYO:2685) has an average rating of hold and mean price target of 3,060 yen, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

TYO:2685

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