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Adastria Co., Ltd. Reports Strong October Sales and Launches New Campaigns

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Adastria Co., Ltd. Reports Strong October Sales and Launches New Campaigns

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Adastria Co.,Ltd. ( (JP:2685) ) has issued an update.

Adastria Co., Ltd. reported a strong performance in October with all store sales reaching 107.6% and same store sales at 104.4% compared to the previous year. The company experienced sluggish sales in the first half of the year due to high temperatures in western Japan, but saw improved sales in the second half as winter products gained popularity. The launch of a new TV commercial and a membership campaign are expected to further boost their e-commerce platform.

The most recent analyst rating on (JP:2685) stock is a Hold with a Yen3208.00 price target. To see the full list of analyst forecasts on Adastria Co.,Ltd. stock, see the JP:2685 Stock Forecast page.

More about Adastria Co.,Ltd.

Adastria Co., Ltd. operates in the fashion retail industry, focusing on apparel and fashion accessories. The company is known for its brands such as GLOBAL WORK, niko and …, studio CLIP, and LOWRYS FARM, and it has a market focus on both domestic and online sales.

Average Trading Volume: 213,106

Technical Sentiment Signal: Sell

Current Market Cap: Yen117.9B

Find detailed analytics on 2685 stock on TipRanks’ Stock Analysis page.

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