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CVS Bay Area Inc Amends Consolidated Mid-year Outlook for FY 2014

Thursday, 3 Oct 2013 03:00am EDT 

CVS Bay Area Inc announced that it has raised consolidated mid-year outlook for revenue from JPY 15,460 million to JPY 15,461 million, net profit from JPY 128 million to JPY 148 million, earning per share from JPY 2.59 to JPY 3.02, but lowered the outlook for operating profit from JPY 195 million to JPY 133 million, ordinary profit from JPY 186 million to JPY 174 million, for the fiscal year ending February 2014. The positive outlook for revenue and net profit is mainly due to reverse of profit for closing stores. The negative outlook for operating profit and ordinary profit is mainly due to less-than-expected profitability base in new stores. 

Company Quote

-2.0 -1.40%
24 Oct 2014