Golf & Co Group Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
December 25, 2023 at 01:02 am EST
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Golf & Co Group Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was ILS 205.66 million compared to ILS 233.2 million a year ago. Net loss was ILS 17.01 million compared to ILS 4.47 million a year ago. Basic loss per share from continuing operations was ILS 0.38. Diluted loss per share from continuing operations was ILS 0.39.
For the nine months, sales was ILS 660.27 million compared to ILS 687.87 million a year ago. Net loss was ILS 25.79 million compared to ILS 7.61 million a year ago. Basic loss per share from continuing operations was ILS 0.58 compared to ILS 0.12 a year ago. Diluted loss per share from continuing operations was ILS 0.59 compared to ILS 0.12 a year ago.
Golf & Co Group Ltd is an Israel-based engaged in the field of textile and home design, fashion and clothing. It operates in two activity sectors: the fashion apparel sector which includes the chains Golf, Polgat, Intima, Golf Kids and Baby, Max Moretti, Blue Bird and Sprint, and the home fashion sector which includes Golf and Co. It offers home fashion products, such as bed linens, blankets, towels, carpets, cushions, drapes, decorative items, and bathroom accessories; a range of candle products, body and facial care products, and hand creams; and spa products, as well as aromatherapy products under the brand Purity. The Company also provides fashion accessories, which include jewelry, bags, sun glasses, scarves, hats, belts, purses, and shoes for men and women; intimate wear, including lingerie, night wear, leisure clothing, swim, and beach wear; basic and fashionable collections for men, women, and youngsters, as well as children and babies. The Company has a network of 280 stores.
GOLF & CO GROUP LTD 
