Verite's September Total Sales Drop 2.3% as Weaker Traffic Offsets Greater Average Spending

MT Newswires Live10-06

Verite's (TYO:9904) September total sales fell 2.3% year over year, according to a Tuesday filing with the Tokyo Stock Exchange.

Footfall ticked down 5.2%, while average spending per customer rose 3.1%.

At existing stores, sales fell 3.8%, with footfall down 8.3% and spending per customer growing 4.9%.

The company operated 111 stores at the end of the month, up by eight from a year earlier.

Total sales rose 1.3% for the fiscal second quarter and climbed 7.2% for the fiscal first half.

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