Close Menu
  • Home
  • AI
  • Art & Style
  • Economy
  • Entertainment
  • International
  • Market
  • Opinion
  • Politics
  • Sports
  • Trump
  • US
  • World
What's Hot

Friday’s big stock news: What could move the market

April 10, 2026

Apple has announced its most affordable laptop yet. What the MacBook Neo means for investors

April 10, 2026

US federal court hears new lawsuit over Trump tariffs | Business and Economic News

April 10, 2026
Facebook X (Twitter) Instagram
Smart Breaking News on AI, Business, Politics & Global Trends | WhistleBuzz
Facebook X (Twitter) Instagram
  • Home
  • AI
  • Art & Style
  • Economy
  • Entertainment
  • International
  • Market
  • Opinion
  • Politics
  • Sports
  • Trump
  • US
  • World
Smart Breaking News on AI, Business, Politics & Global Trends | WhistleBuzz
Home » Uniqlo owner Fast Retailing shares soar after raising profit forecast
World

Uniqlo owner Fast Retailing shares soar after raising profit forecast

Editor-In-ChiefBy Editor-In-ChiefApril 10, 2026No Comments2 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email Copy Link
Follow Us
Google News Flipboard
Share
Facebook Twitter LinkedIn Pinterest Email


A customer exits a Uniqlo store operated by Fast Retailing Co., Ltd. in Tokyo.

Akio Kon | Bloomberg | Getty Images

fast retailing Shares rose more than 9% to a record high on Friday after Uniqlo’s Japanese parent company raised its full-year outlook and strong international growth boosted quarterly profits.

Reflecting strong first-half results and favorable exchange rate assumptions, the company has raised its full-year operating profit forecast to 700 billion yen ($4.4 billion) from its previous forecast of 650 billion yen.

Stock chart iconStock chart icon

Fast Retailing stock price rises to record high

The company sees a long road to expansion, with CEO Tadashi Yanai hinting at “significant growth ahead” in a presentation Thursday.

Fast Retailing reported strong interim results for the six months ended February 28, 2026, with sales up 14.8% year-on-year to 2.06 trillion yen and operating profit up 31.7% to 400.6 billion yen, as strong global demand for Uniqlo drove broad-based growth across regions.

Performance was led by International Uniqlo, which saw a 22.4% jump in sales and a 37.4% increase in profits, supported by continued strength in apparel throughout the year and strong sales in Greater China, Southeast Asia, and Western markets, the company said in its financial results.

However, the retailer acknowledged that the Middle East conflict was starting to impact costs, particularly through higher transportation costs in some markets, adding that early adjustments to production and logistics had helped mitigate supply chain risks. The company said, “There will be no major impact from a production or distribution perspective.”

Fast Retailing’s brand portfolio includes Uniqlo, GU, Theory, Comptoir des Cotonniers and PLST.

Never miss the most trusted news moments in business news when you choose CNBC as your preferred source on Google.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Editor-In-Chief
  • Website

Related Posts

Friday’s big stock news: What could move the market

April 10, 2026

Asia-Pacific Market: Iran, US, ceasefire, agreement, oil

April 10, 2026

Oil prices: WTI, Brent, Saudi pipeline attack, Middle East war

April 10, 2026
Add A Comment

Comments are closed.

News

US federal court hears new lawsuit over Trump tariffs | Business and Economic News

By Editor-In-ChiefApril 10, 2026

The lawsuit overturns temporary tariffs imposed by President Trump after the Supreme Court invalidated earlier…

Peruvian presidential election: Top pro-Trump candidate loses ground in final stages | Election News

April 10, 2026

Pakistan sets modest goals for US-Iran summit: agreement to continue negotiations | Pakistan-US-Israel war against Iran News

April 10, 2026
Top Trending

TechCrunch heads to Tokyo – bringing the startup battleground

By Editor-In-ChiefApril 10, 2026

TechCrunch is partnering with SusHi Tech Tokyo 2026, Asia’s largest global innovation…

Stalking victim sues OpenAI, claiming ChatGPT fueled her abuser’s delusions and ignored warnings

By Editor-In-ChiefApril 10, 2026

After months of conversations with ChatGPT, the 53-year-old Silicon Valley entrepreneur became…

Last 24 hours: Save up to $500 on Disrupt 2026 passes

By Editor-In-ChiefApril 10, 2026

This one. The clock is running low. Tonight is your last chance…

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Welcome to WhistleBuzz.com (“we,” “our,” or “us”). Your privacy is important to us. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you visit our website https://whistlebuzz.com/ (the “Site”). Please read this policy carefully to understand our views and practices regarding your personal data and how we will treat it.

Facebook X (Twitter) Instagram Pinterest YouTube

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Facebook X (Twitter) Instagram Pinterest
  • Home
  • Advertise With Us
  • Contact US
  • DMCA Policy
  • Privacy Policy
  • Terms & Conditions
  • About US
© 2026 whistlebuzz. Designed by whistlebuzz.

Type above and press Enter to search. Press Esc to cancel.