Isetan Mitsukoshi Sees Strong Q1 Growth, Raises Forecast
Company Announcements

Isetan Mitsukoshi Sees Strong Q1 Growth, Raises Forecast

Isetan Mitsukoshi Holdings (JP:3099) has released an update.

Isetan Mitsukoshi Holdings Ltd. reported a robust first quarter for fiscal 2024, with sales increasing by 9.3% and net income rising by 101.3% compared to the same period last year. The company also announced a positive revision to their full-year sales forecast, predicting a 7.8% increase from the previous fiscal year. In addition, a dividend forecast suggests a doubling of the year-end dividend from the previous year to 48 yen per share.

For further insights into JP:3099 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Japan Auto-Generated NewsdeskIsetan Mitsukoshi Finalizes Acquisition and Delists Isetan Singapore
TipRanks Japan Auto-Generated NewsdeskIsetan Mitsukoshi Continues Share Buyback Program
TheFlyIsetan Mitsukoshi initiated with a Buy at Jefferies
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App