|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||574.00 - 574.00|
|52-week range||454.02 - 731.38|
|Beta (5Y monthly)||0.79|
|PE ratio (TTM)||30.89|
|Forward dividend & yield||6.00 (1.05%)|
|Ex-dividend date||30 Aug 2022|
|1y target est||N/A|
Japan's Fast Retailing, the owner of clothing brand Uniqlo, posted record quarterly profit on Thursday, as the weaker yen and strong sales in the United States made up for a slump in a pandemic-hit Chinese market. Operating profit for the three-month period to the end of May jumped 37% from a year earlier to 81.8 billion yen ($587.4 million), an all-time high, the company said in a statement, as it lifted forecasts for sales and earnings for the full fiscal year. The consensus forecast was for operating profit of 66.72 billion yen, according to the average of forecasts from seven analysts polled by Refinitiv.
TOKYO (Reuters) -The owner of Japanese clothing brand Uniqlo on Thursday flagged a big profit drop in China due to COVID-19 restrictions, while its chief executive sounded alarm about the weakening yen's potential to drive up costs. Fast Retailing is a rare bellwether for both global retailers in China, its biggest foreign market, and consumer demand in Japan, where it has carved out a dominant position by offering casual clothing to famously price-conscious shoppers. It and other multi-national retailers are now being forced to deal with lockdown measures in China.
TOKYO (Reuters) -Uniqlo owner Fast Retailing Co and Japan Tobacco Inc on Thursday said they would suspend some operations in Russia, in a U-turn by the Japanese consumer giants which had indicated they would stay in the market after Moscow's invasion of Ukraine. The two companies were notable stand outs among major brands, saying they would continue doing business in Russia amid the imposition of massive trade and banking sanctions. Tadashi Yanai, the founder of Fast Retailing had told Japanese media that the company would continue operating its 50 stores in Russia because "clothing is a necessity of life".