BEAUTY GARAGE Inc. Provides Dividend Guidance for the Fiscal Year Ending April 30, 2018; Announces Consolidated Earnings Results for the Six Months Ended October 31, 2017; Provides Consolidated Earnings Guidance for the Full Year Ending April 30, 2018
December 11, 2017 at 03:30 am EST
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BEAUTY GARAGE Inc. provided dividend guidance for the fiscal year ending April 30, 2018. For the year, the company expects to pay year-end dividend of JPY 8.00 per share for the fiscal year ending April 30, 2018 compared to JPY 7.00 per share paid for the same period a year ago.
The company announced consolidated earnings results for the six months ended October 31, 2017. For the period, the company reported net sales of JPY 5,377 million against JPY 4,632 million a year ago. Operating profit was JPY 228 million against JPY 278 million a year ago. Ordinary profit was JPY 233 million against JPY 251 million a year ago. Profit attributable to owners of parent was JPY 198 million against JPY 160 million a year ago. Diluted earnings per share were JPY 32.52 against JPY 25.68 a year ago.
The company provided consolidated earnings guidance for the full year ending April 30, 2018. For the year, the company expects net sales of JPY 11,076 million, operating profit of JPY 600 million, ordinary profit of JPY 600 million, profit attributable to owners of parent of JPY 389 million and earnings per share of JPY 65.24.
BEAUTY GARAGE Inc. is primarily engaged in selling beauty equipment, store design business and other solution business. The Company operates in three segments. The Merchandising segment sells beauty equipment and cosmetics through Internet site, mail catalog and show room. In addition to purchasing from manufacturers, it also develops its own original brand products, and purchases and sells used beauty equipment. The Store Design segment is engaged in store design and construction supervision. The Other Related Solutions segment is engaged in providing a range of resources services for beauty salon operation.
BEAUTY GARAGE Inc. Provides Dividend Guidance for the Fiscal Year Ending April 30, 2018; Announces Consolidated Earnings Results for the Six Months Ended October 31, 2017; Provides Consolidated Earnings Guidance for the Full Year Ending April 30, 2018