GIFT HOLDINGS INC. (JP:9279) has released an update.
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GIFT HOLDINGS INC. has experienced increased one-time expenses due to a faster pace of opening and refurbishing stores, impacting their revised financial forecast for the fiscal year ending October 31, 2024. Despite a price increase in July, customer traffic remains strong, and the company plans to open 52 new stores in the next fiscal year, supported by improved recruitment efforts and reduced employee turnover. The company is also upgrading its store operations by implementing induction heating technology for better product quality and efficiency.
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