Sac's Bar Holdings Inc. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Reports Impairment Loss for the First Quarter Ended June 30, 2017; Provides Consolidated Earnings Guidance for the Second Quarter and Full Year of the Fiscal Year Ending March 31, 2018
For the quarter, the company reported Impairment loss of ¥7.386 million against ¥537,000 a year ago.
For the second quarter, the consolidated company expects net sales of ¥28,420 million, Operating income of ¥2,116 million, Ordinary income of ¥2,131 million, net profit attributable to owners of the parent of ¥1,313 million or ¥44.60 per share.
For the full year ending March 31, 2018, the consolidated company expects net sales of ¥58,634 million, Operating income of ¥4,575 million, Ordinary income of ¥4,606 million and net profit attributable to owners of the parent of ¥2,781 million or ¥94.43 per share.