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KeePer lifts January sales on LABO growth, refocuses product channels

Story Highlights
  • KeePer’s consumer LABO network grew to 167 stores, boosting January sales despite snow disruptions.
  • Products division leaned on new coatings and sales reorganization to counter flat demand and pursue dealer growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
KeePer lifts January sales on LABO growth, refocuses product channels

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KeePer Technical Laboratory Co.Ltd. ( (JP:6036) ) just unveiled an announcement.

January consolidated sales rose 7.3% year on year as the LABO segment expanded to 167 locations and logged double-digit growth outside snow-hit regions, driven by surging car wash demand, Diamond II KeePer adoption, and rising maintenance orders despite lower average ticket sizes. The products division slipped 0.4%, but aftermarket sales turned positive on DIA II KeePer momentum, new-car dealer channels posted double-digit gains with LX KeePer positioning to lift attachment rates, and a reorganized Head Office Sales Department seeks to revive non-automotive markets, underscoring KeePer’s efforts to stabilize productivity and broaden its customer base amid mixed regional conditions.

The most recent analyst rating on (JP:6036) stock is a Buy with a Yen3552.00 price target. To see the full list of analyst forecasts on KeePer Technical Laboratory Co.Ltd. stock, see the JP:6036 Stock Forecast page.

More about KeePer Technical Laboratory Co.Ltd.

KeePer Technical Laboratory operates in the automotive detailing and protective coating industry, offering KeePer LABO service centers for consumer car care and a KeePer Products division supplying coating solutions to gas stations, dealers, and other aftermarket channels across Japan.

Average Trading Volume: 120,280

Technical Sentiment Signal: Sell

Current Market Cap: Yen89.48B

For an in-depth examination of 6036 stock, go to TipRanks’ Overview page.

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