Nextage Beats Its Own Half-Year Forecast by a Third, Lifts Full-Year Profit Guide 15%
The number: Nextage's half-year operating profit came in 34% above its own guidance, on a buoyant used-car purchasing market and shorter inventory lead times. The retailer now expects full-year operating profit of ¥27.6bn, up 15% from January's forecast, while leaving its second-half plan unchanged for now.