Himaraya Loss Narrows in FQ1
Comprehensive net loss narrowed to ¥48 million ($0.43 million) from a loss of ¥295 million in the fiscal first quarter ended Nov. 30 as revenues slipped 3% to ¥15,384 million ($138.6 million) from ¥15,935 million. Gross margins inched up 30 basis points to 36.1% on improvements in purchasing and inventory management. Sportswear sales were steady, driven by ... Log in to view full article.