Ryohin Keikaku Full Year 2024 Earnings: EPS Beats Expectations

Simply Wall St · 10/16 21:35

Ryohin Keikaku (TSE:7453) Full Year 2024 Results

Key Financial Results

  • Revenue: JP¥661.7b (up 14% from FY 2023).
  • Net income: JP¥41.6b (up 89% from FY 2023).
  • Profit margin: 6.3% (up from 3.8% in FY 2023). The increase in margin was driven by higher revenue.
  • EPS: JP¥157 (up from JP¥83.51 in FY 2023).
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TSE:7453 Earnings and Revenue Growth October 16th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Ryohin Keikaku EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 13%.

Looking ahead, revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Multiline Retail industry in Japan.

Performance of the Japanese Multiline Retail industry.

The company's shares are down 5.6% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on Ryohin Keikaku's balance sheet.