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Adastria Co., Ltd. Reports Strong May Sales Boosted by Summer Demand and Strategic Merger

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Adastria Co., Ltd. Reports Strong May Sales Boosted by Summer Demand and Strategic Merger

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Adastria Co.,Ltd. ( (JP:2685) ) just unveiled an announcement.

Adastria Co., Ltd. reported a strong sales performance in May, with all store sales reaching 108.4% and same store sales at 104.2% compared to the previous year. The increase was driven by the popularity of summer products and a successful membership campaign. The merger with TODAY’S SPECIAL Co., Ltd. has also contributed to the year-on-year sales growth, enhancing Adastria’s market presence and operational scale.

The most recent analyst rating on (JP:2685) stock is a Buy with a Yen4200.00 price target. To see the full list of analyst forecasts on Adastria Co.,Ltd. stock, see the JP:2685 Stock Forecast page.

More about Adastria Co.,Ltd.

Adastria Co., Ltd. operates in the retail industry, focusing on fashion and lifestyle products. The company offers a range of apparel and accessories under various brand names, catering to a diverse market segment.

Average Trading Volume: 276,727

Technical Sentiment Signal: Hold

Current Market Cap: Yen125.6B

For a thorough assessment of 2685 stock, go to TipRanks’ Stock Analysis page.

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