Picture of FAST RETAILING logo

9983 — FAST RETAILING News Story

0.000.00%
jp flag iconLast trade - 00:00
Consumer CyclicalsBalancedLarge CapHigh Flyer

Uniqlo operator Fast Retailing's Q2 profit jumped 33%, raises forecast

TOKYO, April 10 (Reuters) - The Japanese operator of Uniqlo said on Thursday its earnings soared 33% in its second quarter, the last period of calm before the U.S. imposition of import tariffs clouded the global clothing chain's aim for a fourth successive year of record profit.

Fast Retailing 9983.T said operating profit was 146.7 billion yen ($999.9 million) for the three months through February. That compared with 110.4 billion yen for the same period a year prior and the 125.9 billion yen average of six analyst estimates compiled by LSEG.

The company raised its full-year operating profit forecast to 545 billion yen from a previous guidance of 530 billion yen.

 ($1 = 146.7100 yen)

 (Reporting by Rocky Swift; Editing by Christopher Cushing)

 ((rocky.swift@thomsonreuters.com;))

Recent news on FAST RETAILING

See all news