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3h ago
Fast Retailing posts record annual profit of 542.52 billion yen, forecasts further gains
Fast Retailing, the owner of Uniqlo, reported record results for the fiscal year ended August, with net profit rising 25% to 5425.2 billion yen and revenue up 17% to 3.963 trillion yen. North America contributed 9.2% of total sales and Europe accounted for 13%. The company forecast revenue growth of 12% to 4.45 trillion yen in the new fiscal year, with net profit expected to rise 3.2% to 5600 billion yen.
3h ago