Meyer Apparel : Q4 2024 Financial Quarterly Report : YoY Sales Down 26.03 %, QoQ Up 33.24 %

The comprehensive analytics outlining the performance and outlook of Meyer Apparel Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at Meyer Apparel Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -26.03 %. However, it did see a marginal increase of 33.24 % from the previous quarter. Expenses ticked up slightly by 17.95 % quarter-on-quarter, aligning with the annual decline of -32.1 %. Operating profit, while up 48.61 % compared to last year, faced a quarter-on-quarter increase of 17.78 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 11.03 %, but an expansion of 15.57 % sequentially. Other income fell by -90 % compared to the last quarter, despite an annual decline of -80 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 47.14 % but saw an increase from the preceding quarter by 0 %.
Net profit rose by 47.83 % year-on-year but experienced a 2.7 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 55.56 % but a quarterly rise of 20 %. In summary, Meyer Apparel Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Meyer Apparel Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -26.03 % year-on-year, however, there was a minor increase of 33.24 % from the previous quarter. Expenses decreased by -32.1 % compared to the previous year, with a 17.95 % increase quarter-on-quarter. Operating Profit surged by 48.61 % annually, and saw a 17.78 % increase from the last quarter.
Net Profit showed yearly increase of 47.83 %, and experienced a 2.7 % increase from the previous quarter. Earnings Per Share (EPS) rose by 55.56 % annually, however rose by 20 % compared to the last quarter. In essence, while Meyer Apparel Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.