PAL Group's Profit Jumps 3.4% in Fiscal Q1

MT Newswires Live
07/07

PAL Group's (TYO:2726) profit attributable to owners of the parent climbed 3.4% to 5.41 billion yen in the fiscal first quarter from 5.23 billion yen a year earlier.

The retailer's basic earnings per share rose to 31.18 yen in the three months ended May 31 from 30.15 yen a year ago, according to a Tokyo bourse filing on Tuesday.

Net sales jumped 4.5% to 61.4 billion yen in fiscal Q1 from 58.7 billion yen in the year-ago period.

For the fiscal year ending Feb. 28, 2027, the company expects an attributable profit of 19 billion yen, basic EPS of 109.41 yen, and net sales of 253 billion yen.

PAL Group plans to pay a year-end dividend of 40.00 yen per share for the year, which is similar to the amount paid in the year-ago period.

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