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Hello Kitty, goodbye stock gains: Sanrio shares plunge 18% following earnings
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BizToc
Shares of Hello Kitty owner Sanrio plunged 18% on Wednesday in Tokyo following the company's fiscal first-quarter results, after a runup in the stock over the last several months.
Sanrio reported revenue of 52.04 billion yen ($326 million) for the quarter ended June, up 20.7% from a year…This story appeared on cnbc.com , 2026-08-12 07:08:48.