Yonex Sales and Profits Grow Double Digits in FQ1
The Japanese racquet sports and golf company posted a 51% improvement in net income to ¥4,237 million ($29.3 mm) from ¥2,797 million in the fiscal first quarter ended June 30, on sales that increased 28% to ¥39,856 million ($275.8 mm) from ¥31,067 million. Revenue in North America increased 34% to ¥2,185 million ($15.1 mm) on strong demand for tennis products, especially racquets and strings, with its new Ezone racquet series getting a call out. Badminton participation in the region also contributed. Elsewhere, the home Japan ... Log in to view full article.