Shiseido sales up 14% in first nine months, lowers full-year forecast

Japanese company Shiseido’s sales rose 14% year-over-year to ¥745.37bn ($6.55bn) in the first nine months of 2021 (January to September).

Operating profit came in at ¥29.68bn ($260.62m) compared to ¥5.57bn ($48.9m) in the same period the year prior. EBITDA was...