Fast Retailing, the parent company of Uniqlo, reports a sharp increase in third-quarter earnings and raises its full-year profit outlook. Across the quarter ended 31 May, the company’s operating profit rises 45.7% year on year to ¥213.79 billion, up from ¥146.74 billion a year earlier. Multiple outlets note that the result exceeds analyst expectations. The company also lifts its forecast for the full year, citing strong underlying performance. Yahoo Finance reports that Fast Retailing increases its FY26 outlook following 17% revenue growth, while Quartz says the profit surge is driven by solid sales across key regions, including North America, Europe, and China. Channel NewsAsia and Investing.com similarly state that the company both reports the 45.7% Q3 profit jump and raises guidance, though they do not provide additional detail in the supplied excerpts. Overall, the reports describe a “blowout” quarter and an upgraded profit forecast, with regional sales momentum playing a central role.
Fast Retailing raises profit outlook after 45.7% Q3 jump
Fast Retailing, the parent company of Uniqlo, reports a sharp increase in third-quarter earnings and raises its full-year profit outlook. Across the quarter ended 31 May, the company’s operating profi...
- Fast Retailing’s third-quarter operating profit increases 45.7% year on year.
- Operating profit in the three months to 31 May is ¥213.79 billion, compared with ¥146.74 billion a year earlier.
- The company raises its full-year profit outlook after the stronger-than-expected quarter.
- Reported results beat analyst expectations.
- Sales strength is cited in multiple regions, including North America, Europe, and China.
Third-quarter operating profit rose nearly 46% year over year, beating analyst estimates, on strong sales in North America, Europe, and China
1 month agoUniqlo owner Fast Retailing has raised its full-year profit forecast after third-quarter operating profit jumped 45.7 per cent. The business posted operating profit of ¥213.79bn (£1.3bn) in the three months to 31 May, up from ¥146.74bn a year earlier. The performance came in well ahead of analyst expectations, with the business now forecasting full-year operating...
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