Himaraya Net Slips on Higher Sales
Net income at the Japanese retailer declined 24% to ¥189 million ($1.2 mm) from ¥248 million despite 4% higher revenues of ¥44,707 million ($293.0 mm) from ¥43,146 million for the nine months ended May 31. Ski & Snowboard sales were 7% higher to ¥2,925 million, while Golf ticked down 1% to ¥7,491 million, attributed to sluggish apparel and new golf club sales, and Outdoor inched down ... Log in to view full article.