TSE:4985Household Products
Earth (TSE:4985) Stock Revenue Grows While Margins Tighten
Earth stock went into this earnings print looking tired, flat over the past week and slightly down over the past month, even with a trailing P/E of 22.2x that sits above the Asian household products pack. The earnings headline is all about a squeeze. Quarterly net income of ¥4,338m and trailing net margin of 2.5% keep the company in the black, but they sit against a margin profile that has eased compared with a year ago.
Today’s price reaction now reflects a clash between that softer...