CUBE CO.,LTD. (JP:7112) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
CUBE CO., LTD. reports a year-on-year decline in August 2024 sales across all channels, with figures dropping to 89.5% for all stores and 87.1% for existing stores. Adverse weather conditions, including a heatwave, earthquake alerts, and typhoons, significantly reduced foot traffic and led to temporary store closures. Despite these setbacks, the company plans to boost sales with new fall-winter collection products, store reopenings, and pop-up store expansions in September.
For further insights into JP:7112 stock, check out TipRanks’ Stock Analysis page.