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Product Mart Stores Inc. Q3 2024 Earnings Reports

 Product Mart Stores Inc | Executive Financial Report Per Company And Brand For FY 2024 Quarter 3

For Immediate Release October 2, 2024


Product Mart Stores Inc and its child companies have disclosed final financial reports and earnings for Quarter Three of the 2024 Business Season. As of October 2, 2024, the final total sales goals were met by over 23% of the proposed sales goal back in Quarter two. The brands that have been included in this financial report include Product Mart, Product International, Westley's Home Grocers, Corporate Connect and Product Mart Air. These financial reports were prepared and approved by the Product Mart Stores Inc Financial Reporting Department and approved for release by the Product Mart Stores Inc Board Of Directors, And Investor Relations Board.

See each financial Statement for each sector of the business below. Each statement is summarized here and their will be a link to each full financial report which can be downloaded by clicking on and opening the report. Each report contains financial information that is released to the public. Some information may be withheld per company policy in conjunction with Local, County, State and Federal reporting laws. See each section below.

Product Mart 2024 Q3 Financial Report

For Fiscal Year 2024, Q3 Financial Reporting, Product Mart Inc, brought in a net total of 2.6 billion dollars of sales. Of that, 1.8 billion dollars were collected from online sales and overseas orders, shipped from ProductMart.net. 800 Million dollars of that was from all of Jesstopia's stores. Quarter 3 sales reflected an 23% increase from Q2 earnings and is attributed to stronger financial responsibility of Product Mart. Most sales are broken down by Toys, Electronics, Clothing, Groceries and Other. The 'other' is any product not categorized under the preceding categories.

TOY SALES Q3 EARNINGS: See Full Report
ELECTRONICS Q3 EARNINGS: See Full Report
CLOTHING Q3 EARNINGS: See Full Report
GROCERY Q3 EARNINGS: See Full Report
OTHER Q3 EARNINGS: See Full Report

Product International 2024 Q3 Financial Report

For Fiscal Year 2024, Q3 Financial Reporting, Product International Inc, brought in a net total of 889 million dollars in sales, among its three major platforms, including in store, online and through the PI App. According to sales data collected from the company, over 257.8 million dollars in sales was done through October 1, 2023 and October 2, 2024. The sales calculated measure at 15% increase from last year.

FINANCIAL REPORT(FY2024, Q3): See Full Report
INVESTOR RESOURCES: See Full Report
SEE ALSO: FY2023 Q4 Earnings Statement

Westley's Home Grocers 2024 Q3 Financial Report

For Fiscal Year 2024, Q3 Financial Reporting, Westley's Home Grocers Inc, brought in a net total of 6.2 billion dollars in sales. According to reports, the company began investing over 209 million dollars in the construction of 67 new Westley Home Grocers Stores, with construction set to begin in early 2026. The company is projecting that it will grow sales by 90% during next year's Quarter three.

FINANCIAL REPORT(FY2024, Q3): See Full Report
INVESTOR'S REPORT: See Full Report
SALES PROJECTIONS FOR FY2025, Q3: See Full Report
AVERAGE SALES PRESENTATION: See Full Presentation

Product Mart Air 2024 Q3 Financial/Earnings Report

For Fiscal Year 2024, Q3 Financial Reporting, Product Mart Air brought in a net total of 896.3 million in operational earnings, while the airline has seen massive growth since its founding in 2021. The brand which delivers and operates large commercial aircraft under Product Mart's Colors has been in operation since 2022. The airline has reported a profit gain of 6.8% from last year.

FINANCIAL REPORT(FY2024, Q3): See Full Report
EMISSIONS REPORT(FY2024, Q3): See Full Report
CRITICAL INCIDENT REPORT(FY2024, Q3): See Full Report
INVESTOR'S REPORT: See Full Report
EARNINGS PRESENTATION: See Full Presentation

Corporate Connect 2024 Q3 Earnings Report

For Fiscal Year 2024, Q3 Financial Reporting, Corporate Connect brought in 200 million in operational sales and earnings. The Corporate Connect, also saw the expansion of the operations team to over 2,500 people. This required net losses to compensate for the increase in the operations team.

FINANCIAL REPORT(FY2024, Q3): See Full Report
INVESTOR'S REPORT(FY2024, Q3): See Full Report

The company provides financial data and reports as part of a Federal Mandate that requires "any company that makes over 2.6 million dollars annually". This means all major corporations, LLCs and other major companies to file and make public financial reports, earning reports and operational income reports. These are the three major reports required by law, that must be released to the public.
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