Treasure Factory Co.,LTD. Provides Dividend Guidance for the Fourth Quarter Fiscal Year 2020; Reports Consolidated Earnings Results for the Nine Months Ended November 30, 2019; Provides Earnings Guidance for the Fiscal Full Year 2020
January 15, 2020 at 06:25 am EST
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Treasure Factory Co.,LTD. provided dividend guidance for the fourth quarter fiscal year 2020. For the quarter, the company expected to pay a dividend of JPY 9.00 per share compared to JPY 8.00 a year ago.
The company announced consolidated earnings results for the nine months ended November 30, 2019. For the nine months, the company reported net sales of JPY 14,061 million compared to JPY 13,012 million a year ago. Operating income of JPY 715 million compared to JPY 644 million a year ago. Net income of JPY 527 million compared to JPY 442 million a year ago. Net income per share was JPY 46.61 compared to JPY 39.01 a year ago.
The company provided forecast for fiscal full year 2020. For the year, the company expects net sales of JPY 19,741 million, operating income of JPY 909 million, net income of JPY 626 million and net income of JPY 55.32 per share.
Treasure Factory Co.,LTD. is a Japan-based company mainly engaged in the operation of reuse shop. The Companyâs main products are second-hand goods that are reused items, including clothing, home appliances, furniture, household goods, branded goods, sports and outdoor goods, musical instruments, hobby goods, among others. The Company operates through six store formats. Treasure Factory handles a variety of reused items. Trefaku Style specializes in clothing and accessories. Brand Collect specializes in used brand clothing. Trefuf Sports specializes in sports outdoor equipment. Uselet specializes in low-cost clothing and accessories and Trefaku Market is a suburban large-scale store that mainly handles home appliances and furniture. The Company is also involved in the sale of products through the internet.
Treasure Factory Co.,LTD. Provides Dividend Guidance for the Fourth Quarter Fiscal Year 2020; Reports Consolidated Earnings Results for the Nine Months Ended November 30, 2019; Provides Earnings Guidance for the Fiscal Full Year 2020