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Fast Retailing Co
FRCOY reported an 8.8% rise in its first quarter net profit.
Fast Retailing's quarterly net profit surged to Y41.85 billion ($399 million), from a year-ago profit of Y38.47 billion.
Its sales climbed 22% to Y389.05 billion versus Y318.14 billion, while the company's operating profit jumped 13% to Y64.03 billion versus Y56.61 billion.
For the full business year ending August, Fast Retailing lowered its sales outlook to Y1.322 trillion versus Y1.330 trillion.
Fast Retailing shares closed at $38.94 yesterday.
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