ReutersReuters

Uniqlo operator Fast Retailing posts 13% jump in full-year profit, beats forecasts

RefinitivLess than 1 min read

Japan's Fast Retailing 9983, owner of global clothing brand Uniqlo, booked its fourth consecutive year of record profit on Thursday, as it withstood headwinds from U.S. tariffs.

Operating profit amounted to 564.3 billion yen ($3.69 billion) in the 12 months through August, up about 13% from 500.9 billion yen in the prior period, the apparel maker said in a statement.

That compared with the company's own forecast of 545 billion yen and the 546 billion yen average estimate from 16 analysts polled by LSEG.

Fast Retailing forecast operating profit in the year through August 2026 to reach 610 billion yen.

($1 = 152.9600 yen)

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