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Marudai Food Co., Ltd. ( (JP:2288) ) has shared an announcement.
Marudai Food Co., Ltd. has revised its earnings forecast for the first half of the fiscal year ending March 31, 2026, due to lower-than-expected sales of U.S. beef caused by high market prices, despite strong sales in processed foods. The company anticipates higher profitability than previously forecasted, attributed to steady processed food sales, reduced raw material costs, and improved profitability in the meat business through effective cost management. The full-year earnings forecast is under review and will be announced in November.
The most recent analyst rating on (JP:2288) stock is a Hold with a Yen2015.00 price target. To see the full list of analyst forecasts on Marudai Food Co., Ltd. stock, see the JP:2288 Stock Forecast page.
More about Marudai Food Co., Ltd.
Marudai Food Co., Ltd. operates in the food industry, focusing on the production and sale of processed foods such as hams, sausages, and desserts. The company also engages in the meat business, with a market focus that includes both domestic and international markets.
YTD Price Performance: 17.20%
Average Trading Volume: 80,357
Technical Sentiment Signal: Buy
Current Market Cap: Yen47.72B
For a thorough assessment of 2288 stock, go to TipRanks’ Stock Analysis page.