Loading...
Loading...
reported a rise in its profit for the six months through February and raised its earnings outlook for the full year.
Fast Retailing now projects a net profit of Y120 billion on revenue of Y1.65 trillion ($13.7 billion). The company had earlier expected earnings of Y100 billion on revenue of Y1.6 trillion.
Fast Retailing posted a net profit of Y104.75 billion for the first half, versus a year-ago profit of Y67.08 billion.
Its sales climbed 24% to Y949.68 billion.
The company's sales at Uniqlo stores in Japan gained 12.1%, while international sales jumped 48.9%.
Fast Retailing shares rose 0.05% to close at $39.75 yesterday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in