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Wacoal Holdings Reports Profit Amid Revenue Decline in 2024

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Wacoal Holdings Reports Profit Amid Revenue Decline in 2024

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WACOAL HOLDINGS ( (JP:3591) ) has issued an announcement.

Wacoal Holdings reported a decrease in revenue by 5.6% for the nine months ending December 31, 2024, compared to the same period in the previous year. Despite this decline, the company experienced a notable turnaround in profitability, achieving a profit attributable to owners of the parent amounting to 9,086 million yen, compared to a loss in the previous year. This improvement in financial performance is significant for the company, highlighting an effective cost management strategy and improved operational efficiencies.

More about WACOAL HOLDINGS

Wacoal Holdings Corp. is a company listed on the Tokyo Stock Exchange, focusing on the apparel industry, primarily producing and selling intimate apparel and related products.

YTD Price Performance: 1.13%

Average Trading Volume: 250

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.89B

See more data about 3591 stock on TipRanks’ Stock Analysis page.

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