Japanese firm Asics Corporation’s sales soar 14.3% in Q1 FY24

Asics Corporation reported a 14.3 per cent rise in Q1 FY24 net sales to ¥174.1 billion (~$1.1 billion), driven by robust category.
Gross profit increased by 24.1 per cent to ¥94.84 billion, and operating profit surged 52.9 per cent to ¥33.812 billion.
Significant gains were seen in North America and other regions, despite a slight decline in apparel.

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