Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY – Get Free Report) shares gapped down before the market opened on Thursday . The stock had previously closed at $13.36, but opened at $12.6580. Ryohin Keikaku shares last traded at $12.6580, with a volume of 453 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Sanford C. Bernstein assumed coverage on shares of Ryohin Keikaku in a research note on Tuesday, May 26th. They issued a “market perform” rating for the company. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold”.
Check Out Our Latest Report on RYKKY
Ryohin Keikaku Trading Down 7.5%
Ryohin Keikaku (OTCMKTS:RYKKY – Get Free Report) last posted its earnings results on Friday, July 10th. The company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. The firm had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.54 billion. Sell-side analysts expect that Ryohin Keikaku Co. Ltd. will post 0.41 earnings per share for the current year.
About Ryohin Keikaku
Ryohin Keikaku Co, Ltd. is a Japanese retail and consumer products company best known for operating the MUJI brand. The company develops and sells products designed around simplicity, functionality and reduced packaging, including household goods, furniture, apparel, stationery, cosmetics, food and travel-related items.
Founded in Japan in 1980, Ryohin Keikaku initially operated MUJI as a private-label brand before expanding the concept into a broad retail business. In addition to its stores and e-commerce operations, the company has developed related businesses such as cafés, restaurants, hotels and other lifestyle-oriented services.
Ryohin Keikaku serves customers through a network of retail locations and digital channels in Japan and international markets.
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