TOKYO—Reflecting a broad recovery in Japanese consumer sentiment since the March 11 earthquake, the nation's largest retailer by revenue on Tuesday reported a 4.1% increase in net profit for the June-August quarter and raised its earnings outlook for the full fiscal year.
Seven & i Holdings Co., which runs 7-Eleven convenience stores in Japan and the U.S. as well as Seibu and Sogo department stores and big-box Ito-Yokado stores, reported a net profit of ¥39.69 billion ($517.8 million) during the period, compared with a year-earlier profit of ¥38.13 billion.
The company said the ...
TOKYO—Reflecting a broad recovery in Japanese consumer sentiment since the March 11 earthquake, the nation's largest retailer by revenue on Tuesday reported a 4.1% increase in net profit for the June-August quarter and raised its earnings outlook for the full fiscal year.
Seven & i Holdings Co., which runs 7-Eleven convenience stores in Japan and the U.S. as well as Seibu and Sogo department stores and big-box Ito-Yokado stores, reported a net profit of ¥39.69 billion ($517.8 million) during the period, compared with a year-earlier profit of ¥38.13 billion.
The company said the ...
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