- ABC-Mart expects operating income for the fiscal year to be 64.00 billion yen, which is below the estimated 65.93 billion yen.
- The company’s forecasted net income is 45.53 billion yen, slightly missing the estimate of 46.45 billion yen.
- Expected net sales for the fiscal year are 383.90 billion yen,, under the estimate of 387.4 billion yen.
- ABC-Mart intends to offer a dividend of 70.00 yen.
- For the fourth quarter, operating income reached 14.55 billion yen, marking a 2.9% increase year-on-year.
- Fourth quarter net income stood at 11.20 billion yen, showing a rise of 9.8% compared to the previous year.
- Net sales in the fourth quarter were 95.12 billion yen, a growth of 3.5% year-on-year.
- Total annual revenue from Korea, including intersegment activities, amounted to 73.09 billion yen.
- Domestic revenue including intersegment for the year was 259.10 billion yen, showing a significant increase of 8.9% year-on-year and surpassing estimates of 249.4 billion yen.
- From analyst ratings, there are 6 buy recommendations, 4 hold recommendations, and no sell recommendations for ABC-Mart.
Abc Mart Inc on Smartkarma
Analyst coverage of Abc Mart Inc on Smartkarma by Michael Causton highlights the company’s dominance in the footwear retail market. The report titled “ABC Mart Forges Further Ahead of Competitors” points out that Abc Mart is outpacing competitors like Chiyoda and G-Foot, with a strong growth trajectory especially in overseas markets. The report suggests that Abc Mart is significantly pulling ahead, almost monopolizing the market, while its competitors are struggling to keep up. Although Chiyoda shows signs of improvement, it is noted that G-Foot may require additional financial support from Aeon to compete effectively.
A look at Abc Mart Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
ABC-MART, INC., known for its variety of shoes including popular brands like VANS and G.T. HAWKINS, has a mixed outlook based on Smartkarma Smart Scores. While the company scores well in resilience and growth factors with a score of 5 and 4 respectively, its value, dividend, and momentum scores are average at 3 each. This indicates that ABC Mart Inc shows strength in its ability to weather economic challenges, as well as potential for continued expansion. However, investors may find its current valuation, dividend payouts, and momentum comparatively less appealing.
Looking ahead, ABC Mart Inc’s long-term prospects seem promising, especially in terms of sustained growth and ability to withstand market fluctuations. With a solid foundation in place and a proactive strategy for brand development and retail sales, the company is poised to capitalize on its strengths and navigate through potential uncertainties. Investors may view ABC Mart Inc as a reliable option for steady returns and growth potential, even though there may be room for improvement in certain financial areas.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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