Skylark Holdings reports strong Q3 growth, upgrades full-year forecast

Skylark Holdings announced robust financial results for the third quarter of fiscal year 2025, with net sales reaching 33.96 billion yen, a 15.3% increase year-on-year. Operating profit rose by 23.7% to 2.39 billion yen, while business profit surged by 31.0% to 2.54 billion yen. The company's adjusted EBITDA also saw a healthy increase of 14.6% to 6.44 billion yen. This performance was primarily fueled by a 20.2 billion yen increase in existing store sales and a 19.5 billion yen boost from the acquisitions of Kusana Udon and SUKI-YA.

Following this strong performance, Skylark Holdings has revised its full-year guidance for fiscal year 2025. Net sales are now projected at 45.40 billion yen, up from 44.50 billion yen. Business profit is expected to reach 3.10 billion yen (previously 2.75 billion yen), and operating profit is forecast at 2.90 billion yen (previously 2.50 billion yen). Net income is also upgraded to 1.67 billion yen from 1.48 billion yen.

The company plans an annual dividend of 22.00 yen per share for fiscal year 2025. Key growth initiatives include an average annual sales growth of 3-4% for existing stores, the opening of approximately 300 new domestic stores over three years, and the expansion of 100 overseas stores within the same period. M&A activities are also expected to continue, with 3-5 deals targeted over three years.