ITO EN ( (JP:2593) ) has shared an update.
ITO EN has revised its earnings forecasts for the fiscal year ending April 30, 2025, citing a challenging business environment marked by rising costs and consumer frugality. Despite efforts to streamline operations and increase productivity, the company expects lower financial results than previously forecasted due to increased competition and upfront advertising investments.
More about ITO EN
ITO EN, LTD. operates in the beverage industry, primarily focusing on the production and distribution of tea and other beverages. The company is known for its emphasis on quality and innovation in the beverage market.
YTD Price Performance: -1.26%
Average Trading Volume: 1,002
Technical Sentiment Signal: Strong Buy
Current Market Cap: $2.35B
See more data about 2593 stock on TipRanks’ Stock Analysis page.