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Pigeon: Sales rose 4.2% but net income dropped 25.5% amid higher investment, guidance unchanged

Pigeon: Sales rose 4.2% but net income dropped 25.5% amid higher investment, guidance unchanged

Pigeon CorporationNovember 7, 20243
Pigeon: Sales rose 4.2% but net income dropped 25.5% amid higher investment, guidance unchanged

About this update from Pigeon Corporation

Net sales grew 4.2% year-over-year, led by China, Singapore, and Lansinoh, but net income fell 25.5% due to higher SG&A from growth investments. Full-year guidance is unchanged, with continued focus on global expansion and China recovery.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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