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Sydnee Gatewood
Sydnee Gatewood
Articles (1757) 

Matthews Japan Fund Comments on Seria

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January 24, 2020 | About:
The largest detractor from performance for 2019 was dollar-shop retailer Seria (TSE:2782). Seria long enjoyed much higher operating margins than its peers. Competition intensified, however, while the overall retail environment remained sluggish. As a result, the company's same-store sales struggled to maintain positive growth.

From Matthews Japan Fund (Trades, Portfolio)s' fourth-quarter 2019 commentary.

About the author:

Sydnee Gatewood
I am the editorial director at GuruFocus. I have a BA in journalism and a MA in mass communications from Texas Tech University. I have lived in Texas most of my life, but also have roots in New Mexico and Colorado. Follow me on Twitter! @gurusydneerg

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