Himaraya Profits Nosedive to End Year
The bottom line at the Japanese retailer plummeted 95% to just ¥11 million ($0.1 mm) from ¥206 million on sales that were up 3% to ¥60,447 million ($418.3 mm) from ¥58,512 million for the fiscal year ended Aug. 31. The small ski and snowboard category grew 4% to ¥3,112 million, while golf was off 2% to ¥10,055 million, hurt by unseasonable weather and a lack of new golf clubs. Outdoor declined ... Log in to view full article.
