CURVES HOLDINGS Co., Ltd. Provides Consolidated Earnings Guidance for the First Half and Fiscal Year Ending August 31, 2021
October 23, 2020 at 05:15 am EDT
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CURVES HOLDINGS Co., Ltd. provided consolidated earnings guidance for the first half and fiscal year ending August 31, 2021. For the half year, the company expects net sales of JPY 11,100 million, loss attributable to owners of parent of JPY 34 million and loss per share of JPY 0.25.
For the full year, the company expects net sales of JPY 23,500 million, operating profit of JPY 1,000 million, profit attributable to owners of parent of JPY 610 million and earnings per share of JPY 6.51.
Curves Holdings Co Ltd is a Japan-based company mainly engaged in the operation of Curves, a fitness facility for women. The Curves segment is mainly engaged in the fitness club business. The domestic curve business is engaged in the introduction of system necessary for management guidance and business operation for franchisees (FC), the provision and sale of technology, equipment, product and printed matter, as well as the performance of support operations such as opening stores for franchisees and sale operations for members. The Company is also engaged in the development of directly managed stores. The overseas curves business is engaged in the management of royalties and sale of equipment used at stores to master franchisees around the world, including Japan, as well as the provision of operation support services to franchise member stores.