Shiseido Co Ltd
4911: XTKS (JPN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|Z? | LOCK|w^HH> | LOCK|#gF?h#g |
Shiseido Earnings: Profit Outlook Hurt by Slow China Sales, Margin Headwinds; Fair Value Cut by 33%
Shiseido lowers its 2024 net profit guidance to JPY 6 billion from JPY 22 billion on lower margins, as its China and travel segments continue to lag while restructuring charges eat into profit. Revenue guidance is reduced by 10%.
