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8289 Olympic News Story

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Consumer DefensivesAdventurousSmall CapTurnaround

Japan's Olympic jumps after co says it expects net profit this FY

** Retail co Olympic Group  8289.T  jumps 16 pct to 624 yen,
highest since late Jan
    ** Co expects net profit of 350 mln yen for FY ending
February 2019, up from previous forecast of net loss
 urn:newsml:reuters.com:*:nXB06Y8O1E
    ** As of the previous close, the stock had fallen 12.34
percent so far this year. 
    ** Olympic Group Corp has underperformed the Tokyo SE TOPIX
Retail Trade Stock Price Index sector  .IRETL.T  by 6.9
percentage points in the past month.
    ** The main stock index NIKKEI 225 INDEX  .N225  has risen
1.78 percent in the past month. 
    ** As of 00:25 GMT, about 125.00 thousand shares of the
Tokyo-to-based company have been traded, about 1298.0 percent of
their 30-day moving average of 9.63 thousand shares a day.
 

 (Reuters
Messaging:ayai.tomisawa.thomsonreuters.com@reuters.net)

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