By Kosaku Narioka
Fast Retailing is scheduled to report its third-quarter results on Thursday. Here's what you need to know:
NET PROFIT FORECAST: Fast Retailing's net profit is expected to have declined 17% to 96.8 billion yen, equivalent to $660.5 million, for the three months ended May 31, according to a poll of analysts by Visible Alpha. That compares with a net profit of Y116.9 billion in the same period a year earlier.
REVENUE FORECAST: Third-quarter revenue is projected to have risen 7.1% year-over-year to Y821.8 billion, according to the Visible Alpha poll.
The stock has fallen 12% year to date, after gaining 54% in 2024.
WHAT TO WATCH:
--For the fiscal year ending in August, the company has forecast revenue to increase 9.5% to Y3.400 trillion and net profit to rise 10% to a record Y410.00 billion. Investors will be watching for any revisions to this full-year guidance.
--The apparel retailer's operating profit margin improved to 17.0% in the first half from 16.1% a year earlier. Investors will be monitoring margin trends amid continued inflationary pressures in many regions.
--The company plans to expand its global store network to 3,682 locations by the end of August, up from 3,595 a year earlier, mainly by opening more Uniqlo stores overseas. Investors will be looking for updates on store expansion plans.
Write to Kosaku Narioka at kosaku.narioka@wsj.com
(END) Dow Jones Newswires
July 09, 2025 03:45 ET (07:45 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.