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Kintetsu Department Store lowers full-year consolidated outlook and cancels year-end dividend payment for FY 2014

Monday, 24 Mar 2014 02:30am EDT 

Kintetsu Department Store Co., Ltd:Lowered full-year consolidated outlook for fiscal year ended Feb. 28, 2014.Full-year revenue outlook of 277,000 mln yen lowered from 283,000 mln yen.Full-year operating profit outlook of 3,100 mln yen lowered from 4,000 mln yen.Full-year ordinary profit outlook of 2,500 mln yen lowered from 3,000 mln yen.Full-year net profit outlook of 1,000 mln yen lowered from 1,900 mln yen.Full-year earnings per share outlook of 2.48 yen lowered from 4.71 yen.Outlook lowered due to extraordinary loss for shutdown of store as well as facility problems in a store.Cancels year-end dividend payment, which was announced as an undetermined value, for the same fiscal year. 

Company Quote

4.0 +1.29%
21 Nov 2014