The Redbook Index has reported a 4% jump this week, indicating a positive trend in US retail same-store-sales. Simultaneously, Fast Retailing, the company behind Uniqlo, is poised for a 26% profit surge, fueled by a rebound in the Chinese market and a sliding yen. The company's operating profit forecast for the current fiscal year is ahead of analysts' projections, reflecting strong sales performance in both domestic and international markets. In addition, Fast Retailing has achieved a new milestone, with its annual profit rising by 28% to a fresh record.
Uniqlo owner Fast Retailing annual profit rises 28% to fresh record https://t.co/0d2eNTzGUY https://t.co/1M8MVe7we6
Uniqlo owner Fast Retailing forecast operating profit ahead of analysts’ projections for the current fiscal year, citing growing sales in both home and overseas markets https://t.co/D3qJLopVCp
Uniqlo owner set for 26% profit surge on China rebound, yen slide https://t.co/zSVGNzCfcQ
Uniqlo owner set for 26% profit surge on China rebound, yen slide https://t.co/D2e20I1KCt https://t.co/gunQqUNTKm
Redbook Index (US retail same-store-sales growth) jumps to 4% this week. https://t.co/3gAYa1cph9