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US Starbucks is expanding discounts and benefits to bring back customers.
Starbucks' grande-size caramel frappuccino is typically priced at around $5.65 (about 900 yen) in the U.S. It has recently been reported that many customers are buying it for about half that price. Starbucks has long been hesitant to offer special discounts, but lately it has been discounting its coffee more frequently and focusing on discount campaigns and expanding benefits programs for its loyalty members. <2702> Ma.
Eternal Hospitality's Attributable Profit More Than Quadruples in Fiscal Nine Months
Eternal Hospitality Group's (TYO:3193) profit attributable to owners more than quadrupled in the fiscal nine months, thanks to a nearly 28% on-year jump in net sales, according to a Tuesday filing wit
Stocks that moved the previous day include Ridge-i, Pharmafoods, and Tokyo Seimitsu, among others.
Stock name <code> 11th closing price ⇒ Previous day comparison Chier <3933> 558 + 17 Announced financial estimates for the FY2025 March term increase. Nittomou <3524> 1618 + 1382 The operating profit forecast for the FY2024 April term has been downwardly revised, but the revenue, ordinary profit, and net profit forecasts have been upwardly revised. B & P <7804> 1647 -127 The growth rate has decreased as the operating profit for the first half of the year increased by 15.9% from 2.8 times the first quarter. VEGA <3542> 677 -265 Sales for the month decreased by 17.7%. Japan Information C.
Pharma F, B Garage, Daiwa Communications, etc.
<5801> Furukawa Electric Co. (4291) [128] continues to rise significantly. Daiwa Securities has upgraded its investment rating from "3" to "2" and raised its target stock price from 3,000 yen to 4,600 yen. The company has revised its financial estimates upward by incorporating improvements in energy infrastructure profitability and the recovery of sales of optical fiber in the United States. With the confirmation of the details of BABA's system and the potential recovery in demand for optical cables for U.S. telecommunications companies in the second half of this fiscal year, the profitability of functional product businesses, centering on thermal products for AI, is also expected to grow.
Eternal G--significantly rebounded, with a rating upgrade due to performance forecasts raised by domestic securities.
Eternal G <3193> rose sharply. Ichiyoshi Securities has raised its rating from "B" to "A" and fair value from 4900 yen to 5000 yen. Considering the current strong sales, the forecast for operating profit after July 2024 has been raised, but the deviation from fair value has widened due to the stock price decline. The operating profit in July 2024 was revised upward to 3.4 billion yen, 2.4 times higher than the company's plan of 3.01 billion yen and the previous year's level.
Active and newly listed stocks during the morning session.
*Pharmaceutical Foods <2929> 1012 +150. The third quarter operating profit exceeded the annual plan. *K&O Energy Group <1663> 4165 +365. The rise of Ise Chemicals as related to iodine also stimulated. *Eternal Hospitality Group <3193> 3945 +300. Ratings were raised by Ichiyoshi Securities. *Tokyo Keiki <7721> 3220 +221. Positive reports were released by Daiwa Securities. *Japan Micronics <6871>
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