Jiji PressTOKYO (Jiji Press) — Fast Retailing Co. said Thursday that its group operating profit in September-February surged 30.5 percent from a year earlier to ¥170,492 million, thanks to its Uniqlo casual clothing store chain’s strong performances overseas.
For the first half of the business year through August, the clothing retailer reported sales of ¥1,186,765 million, up 16.6 percent.
The group beat its midyear earnings projections for all overseas areas, with its North American business showing a notable improvement.
In Japan, sales of Heattech and other autumn-winter products grew in particular.
Fast Retailing upgraded its full-year sales forecast to ¥2,110 billion and its operating profit projection to ¥225 billion. Both would be the highest on record.