MatsukiyoCocokara & Co.（3088.T）Revising forecasts： Strong sales to be a means of strengthening competitiveness
UBS·2024-08-14 03:06
ab 13 August 2024 Global Research and Evidence Lab MatsukiyoCocokara & Co. Revising forecasts: Strong sales to be a means of strengthening competitiveness Action: Earnings update following Q1 results We are updating our earnings forecast following Q1 results. While we are increasing our SG&A expense assumption and lowering our OP forecasts slightly, we continue to expect record high OP including in FY3/25. We are also factoring in the share buyback and retirement announced along with the results. We are rev ...