- Meiji HDS has reduced its forecast for full-year net sales to 1.18 trillion yen, compared to the previous forecast of 1.20 trillion yen, aligning with market estimates.
- The company maintains its forecast for operating income at 91.00 billion yen, which is slightly above the market estimate of 89.51 billion yen.
- Projected net income remains unchanged at 54.00 billion yen, close to the estimate of 54.58 billion yen.
- The annual dividend forecast is steady at 105.00 yen, matching market expectations.
- In the second quarter, Meiji HDS reported operating income of 23.19 billion yen, a 2.9% decrease year-over-year, but surpassing the market estimate of 21.91 billion yen.
- The company achieved net sales of 301.32 billion yen, marking a 3.8% year-over-year increase, and exceeding the estimated 298.63 billion yen.
- Second quarter net income was 11.38 billion yen, showing a 12% decrease compared to last year, and falling short of the estimate of 12.99 billion yen.
- Current analyst ratings for Meiji HDS include 1 buy, 7 holds, and 1 sell recommendation.
A look at Hyundai Dept Store Co Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
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
Hyundai Department Store Co. is poised for a bright future ahead, as indicated by its impressive Smartkarma Smart Scores. With a top-notch Value score and strong Momentum rating, the company shows great potential for solid returns over the long term. Additionally, Hyundai Dept Store Co. has maintained a decent Dividend score, providing investors with a stable income stream. Its Growth and Resilience scores, though not as high as Value and Momentum, still signify a steady and reliable performance in the market.
Operating nationwide, Hyundai Department Store Co. is a prominent player in the retail industry, known for its department stores and home shopping programs. With a well-rounded set of Smart Scores, Hyundai Dept Store Co. is positioned to continue its success and deliver value to its shareholders well into the future.
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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