- Zozo has increased its full-year net sales forecast to 231.50 billion yen, surpassing its previous target of 224.10 billion yen and beating the market estimate of 227.53 billion yen.
- The forecast for operating income is 69.20 billion yen, a slight decrease from the previous 69.80 billion yen, but close to the market estimate of 69.97 billion yen.
- Zozo expects a net income of 47.80 billion yen, slightly down from 48.50 billion yen recorded previously, and lower than the market estimate of 49.05 billion yen.
- The company plans to maintain its dividend at 39.00 yen, just below the estimated 39.05 yen.
- For the first quarter, Zozo reported net sales of 54.03 billion yen, marking a 7.2% year-over-year increase and exceeding the estimated 53.58 billion yen.
- Operating income for the first quarter was 16.92 billion yen, up 6.4% year-over-year, also outperforming the estimate of 15.95 billion yen.
- The first quarter net income was 11.38 billion yen, which is a 2.4% increase year-over-year, surpassing the estimate of 11.16 billion yen.
- Investment recommendations for Zozo include 1 buy, 12 holds, and 5 sells.
ZOZO Inc on Smartkarma
Analyst coverage of ZOZO Inc on Smartkarma by Michael Causton highlights the strategic acquisition of Lyst as a timely move. The purchase is expected to expand Zozo’s market reach for Japanese and international brands, particularly in Europe and the US. This strategic partnership is seen as a key step to boost e-commerce sales amidst a slight downturn in online sales in Japan. The synergies created by this acquisition are anticipated to provide a strong foundation for Zozo to enhance its global presence and facilitate easier cross-border selling for brands.
A look at ZOZO Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
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
ZOZO Inc, the operator of internet shopping sites for apparel, has a promising long-term outlook based on its Smartkarma Smart Scores. With a solid score of 5 in resilience and 4 in growth, the company is positioned well to navigate challenges and continue expanding steadily in the market. Additionally, ZOZO Inc also received decent scores of 3 in both the dividend and momentum categories, indicating a moderate performance in these areas.
Overall, ZOZO Inc‘s mix of strengths in resilience, growth, and moderate performance in dividend and momentum aspects bodes well for its future prospects in the internet apparel retail sector. As a company that not only operates online shopping platforms but also offers communication services related to apparel, such as fashion blogs and chat rooms, ZOZO Inc seems well-equipped to capitalize on its strengths and maintain a competitive edge in the evolving e-commerce landscape.
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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