Earnings were up thanks to large gains from Uniqlo Japan and Greater China
Fast Retailing, owner of the Uniqlo casual clothing brand, has reported a higher-than-expected rise in earnings in its first-quarter thanks to an impressive rebound in sales.
In the three months to November 2020, operating profit climbed 23.3% to JPY113bn (US$1.09bn) thanks to large gains from Uniqlo Japan and Greater China. Net earnings, however, were down slightly to JPY70.3bn from JPY70.9bn a year earlier. Consolidated revenues were down 0.6% year-on-year to JPY619.7m.
Uniqlo Japan reported a rise in revenue and a significant increase in profit in the quarter, with revenue up 8.9% to JPY253.8bn, and operating profit up 55.8% to JPY60bn. First-quarter same-store sales increased by 7.3% year-on-year.
유니클로 모회사 영업이익 23% 껑충… 韓 매장 정리로 흑자
joins.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from joins.com Daily Mail and Mail on Sunday newspapers.
어디 안 힘든 곳 있으랴만은… 코로나19 1년 벼랑 끝 자영업자들
ilyo.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ilyo.co.kr Daily Mail and Mail on Sunday newspapers.
유니클로 문 닫고 플스 는 매진…올해 日 불매운동 이어질 수 있을까
nate.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nate.com Daily Mail and Mail on Sunday newspapers.
第2のユニクロ?日本2位のアパレル・グループが中国市場を強化--pekinshuho
beijingreview.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from beijingreview.com.cn Daily Mail and Mail on Sunday newspapers.