Verite Reports July Sales Figures Show Year-on-Year Growth

TOKYO, Aug 06 (Pulse News Wire) – Verite CO.,LTD. (9904.T) reported its sales figures for the month of July 2026, showing a positive year-over-year growth trend.

The company's total revenue reached 120.1% yen in July, up from the previous year’s figure. Customer traffic increased to 104.2% customers during the same period, contributing to the rise in average transaction value to 110.2% yen per customer. For the quarter ending June 2026, Verite recorded cumulative revenues of 114.9% yen, reflecting a robust performance across its store network. Existing stores contributed significantly, with a total of 98.5% customers visiting these locations, driving the average transaction value to 112.7% yen per customer.

Notably, Verite maintained a stable store count, adding seven new outlets by the end of August 2026, bringing the total number of stores to 111. Additionally, four existing stores underwent renovations, while there were no closures reported for the period. The company adheres to accounting standards prior to the application of Accounting Standards for Revenue Recognition (ASU 2014-09) effective from March 31, 2020. This report highlights Verite’s continued success in maintaining strong operational metrics and expanding its retail footprint.