Pan Pacific International Holdings Sees Growth in Retail Sales Despite Challenges

Pan Pacific International Holdings ( (JP:7532) ) just unveiled an announcement.

Pan Pacific International Holdings reported a year-over-year increase in sales and customer traffic across its domestic retail operations, despite a temporary dip in early April. The company saw strong performance in categories like rice, snacks, and skincare, although sales of a popular gaming console were negatively impacted by anticipation of a new model. In the discount store segment, beauty and fitness products performed well, while home electronics saw a decline. The UNY business was bolstered by strong food sales, particularly in sushi and deli items, with non-food items like cooking utensils also showing growth.

The most recent analyst rating on (JP:7532) stock is a Buy with a Yen4900.00 price target. To see the full list of analyst forecasts on Pan Pacific International Holdings stock, see the JP:7532 Stock Forecast page.

More about Pan Pacific International Holdings

Pan Pacific International Holdings Corporation operates in the retail industry, primarily focusing on discount and department store businesses through brands such as Don Quijote and UNY. The company offers a wide range of products including food, household goods, electronics, and fashion items, catering to diverse consumer needs.

Average Trading Volume: 1,681,222

Technical Sentiment Signal: Buy

Current Market Cap: Yen2681.7B

For a thorough assessment of 7532 stock, go to TipRanks’ Stock Analysis page.