Fast Retailing reported a 14.8% increase in consolidated revenue for Q1 2026 (the three months to 30 November 2025) to JPY1.0277tn ($6.55bn) compared to the Y895.192bn it recorded during the same period the previous year. Its operating income was up 33.9% to Y210.914bn compared to Y157.556bn in the same period the previous year. The company's profit for the period was up 13% to Y158.513bn compared to Y140.300bn in the three months ending 30 November 2024, while its Q1 2026 profit before income taxes was ...

Group 1 - Goldman Sachs has raised the operating profit forecasts for FAST RETAIL-DRS (06288) for the fiscal years 2026 to 2028 by 2%, 1%, and 1% respectively, reflecting strong domestic sales momentum in Japan as of November [1] - From September to November, same-store sales in Japan increased by 11%, while overall sales grew by 12.1% year-on-year [1] - The company expects the consolidated operating profit for the first quarter of fiscal year 2026 to be 184 billion yen, representing a year-on-year growth of 17% [1] Group 2 - Goldman Sachs has raised the target price for Fast Retailing's stock (9983.JP) to 60,000 yen and maintains a "Buy" rating [1] - The forecast includes factors such as the bottoming out of performance in mainland China and the impact of U.S. tariffs, with expected sales and operating profit in the Chinese market increasing by 2% and 5% respectively [1] - In North America, despite tariff impacts, the company is expected to improve its operating profit margin in fiscal year 2026 through price adjustments, discount control, and enhanced labor efficiency, particularly in the second half of the fiscal year [1] Group 3 - In Japan, due to the weakening yen leading to reduced price increases for Uniqlo, the consolidated operating profit margin for fiscal year 2026 is forecasted to be 16.9%, an improvement of 0.3 percentage points year-on-year [1]

Core Insights - Fast Retailing, the parent company of Uniqlo, has reported an annual profit for the fourth consecutive year, with consolidated revenue rising 9.6% year-on-year to Y3.4 trillion ($22.3 billion) for the fiscal year ending August 31, 2025 [1] - The company anticipates continued growth, projecting a 10.3% increase in consolidated revenue to Y3.75 trillion for fiscal 2026 [4] Financial Performance - Business profit increased by 13.6% to Y551.1 billion, while profit attributable to owners of the parent grew 16.4% to Y433.0 billion [1] - Uniqlo Japan reported revenue of Y1.02 trillion, a 10.1% increase, and business profit of Y181.3 billion, up 17.5% from the previous year [2] - Uniqlo International posted revenue of Y1.91 trillion, an 11.6% increase, and business profit of Y305.3 billion, a 10.6% rise [2] Market Performance - Revenue in North America grew significantly by 24.5%, with business profit rising 35.1% [1] - Despite a decline in revenue and profit in the Greater China market, operations in South Korea, Southeast Asia, India, Australia, North America, and Europe reported gains [3] Brand Performance - The GU brand recorded revenue of Y330.7 billion, up 3.6%, but business profit declined 12.6% to Y28.3 billion due to higher costs [3] - Global Brands experienced a 5.3% fall in revenue to Y131.5 billion, but business profit improved significantly from Y0.1 billion to Y2.6 billion [4] Future Plans - The company plans to pay an annual dividend of Y520 per share and aims to expand its global store network to 3,594 locations by the end of August 2026 [5] - New flagship outlets are planned in North America, Europe, and Greater China [5]

Uniqlo owner Fast Retailing’s shares climbed the most in six months after reporting double-digit revenue and profit growth in North America https://t.co/y5U1guKoEf ...