ABC-Mart's (TYO:2670) profit attributable to owners of the parent jumped 14.6% to 34.1 billion yen in the fiscal nine months ended Nov. 30, 2024, from 29.8 billion yen a year ago mainly due to improved sales.

The retailer said basic earnings per share rose to 137.93 yen from 120.38 yen a year ago, according to a Wednesday filing.

Net sales climbed 9.8% to 277.1 billion yen from 252.3 billion yen a year earlier.

ABC-Mart forecasted attributable profit to grow 8% to 43.2 billion yen or 174.46 yen per share and net sales to gain 7.9% to 371.5 billion yen for the fiscal year ending Feb. 28, 2025.

The company expects to pay a year-end dividend of 37 yen per share for the current fiscal year.

ABC-Mart's shares shed nearly 3% in early trading.

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