Pepper Food Service Co., Ltd. Reports Consolidated Earnings for the Second Quarter Ended June 2019; Provides Earnings Guidance for the Year Ending December 2019
August 09, 2019 at 08:00 am
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Pepper Food Service Co., Ltd. reported consolidated earnings for the second quarter ended June 2019. For the quarter, the company reported net sales of JPY 35,122 million against JPY 27,967 million a year ago. Operating profit was JPY 403 million against JPY 1,491 million a year ago. Profit attributable to owners of parent was JPY 516 million against JPY 715 million a year ago. Basic earnings per share were JPY 24.71 against JPY 34.54 a year ago. Diluted earnings per share were JPY 24.13 against JPY 33.11 a year ago.
For the fiscal year ending December 2019, the company forecasted consolidated net sales of JPY 76,423 million, operating profit of JPY 2,061 million, profit attributable to owners of parent of JPY 1,529 million and basic earnings per share JPY 72.73.
Pepper Food Service Co Ltd is a Japan-based company mainly engaged in the operation of restaurants. The Company operates through four business segments. The Ikinari! Steak Business segment is engaged in the operation of charcoal-grilled steak restaurant Ikinari! Steak, operated directly by the group, a franchise, or a consignment business. The Pepper Lunch Business segment has three businesses: franchise business, direct management business and consignment business. It operates stores such as Pepper Lunch, Pepper Lunch Diner, 92's and food court type Charcoal-grilled Hamburg Steak Kuni, Tokyo 634 Burg, Musashi Hamburg. The Restaurant Business segment operates custom-cut steak restaurants, tonkatsu stores, beef tongue restaurants and others as a direct management, franchise and consignment business of the group. The Product Sales Business segment sells ingredients such as tonkatsu sauce, frozen pepper rice, dressing, and lux ham, as well as chopsticks.
Pepper Food Service Co., Ltd. Reports Consolidated Earnings for the Second Quarter Ended June 2019; Provides Earnings Guidance for the Year Ending December 2019
PEPPER FOOD SERVICE CO., LTD. 
