Earnings Alerts

Hyundai Dept Store Co (069960) Earnings: FY Operating Income Misses Estimates Amid Fluctuating Sales and Dividend

  • Meiji HDS’s projected operating income for the fiscal year is 86.00 billion yen, which is lower than the estimated 87.24 billion yen.
  • The company predicts a net income of 50.00 billion yen, lower than the forecast of 56.59 billion yen.
  • Projected net sales are higher than expected, at 1.16 trillion yen compared to the 1.14 trillion yen estimate.
  • The estimated dividend is 100.00 yen, slightly above the estimated 98.13 yen.
  • In the fourth quarter, operating income was 14.61 billion yen, showing a year-over-year increase of 37%, and superseding the estimated 14.29 billion yen.
  • Net income in the fourth quarter fell by 74% year-over-year to a low of 5.73 billion yen.
  • Reflecting a year-over-year increase of 3.2%, net sales in the fourth quarter reached 272.49 billion yen, undershooting the estimate at 273.28 billion yen.
  • Among advisors, the company garnered 1 buy, 7 holds, and 2 sells.

A look at Hyundai Dept Store Co Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth2
Resilience3
Momentum4
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts at Smartkarma have provided insight into the long-term outlook for Hyundai Dept Store Co based on their Smart Scores. With a Value score of 5, Hyundai Dept Store Co is deemed to offer excellent value relative to its current price. Additionally, the company receives a solid Dividend score of 4, indicating a strong dividend payment record. While Growth scored lower at 2, suggesting moderate growth prospects, Hyundai Dept Store Co demonstrates Resilience with a score of 3, indicating its ability to withstand economic challenges. Momentum, with a score of 4, reflects the positive market sentiment towards the company’s stock.

Hyundai Department Store Co., Ltd. operates a network of department stores under the brand name Hyundai Department across the country. In addition to its retail operations, the company is involved in producing and selling merchandise through home shopping programs on cable channels. With a strong emphasis on value and dividends, coupled with favorable momentum in the market, Hyundai Dept Store Co presents a promising outlook for long-term investors.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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