The Japanese fashion retailer has seen their third quater revenues rise 7.3 per cent to ¥555 billion (£4 billion). Meanwhile for the three months to May, Uniqlo’s operating profits jumped 9.3 per cent to ¥74.7bn (£550 million).
At Uniqlo International, of which Uniqlo in the UK is a part, operating profit increased by 14.9 per cent to ¥36.3 billion (£267 million) while revenue was up 14.5 per cent to ¥240 billion (£1.7 billion) for the period.
Uniqlo Japan said it expected a dip in both revenue and profits as it shifted the date of its anniversary sale later to June. Revenues slipped 0.5 per cent to ¥209.7 billion (£1.5 billion), and operating profit was down £210 million at ¥28.9 billion, which is a decrease of 7.5 per cent on the previous year.
However, Fast Retailing’s expectation for the full-year performance remain unchanged, with operating profit forecast expected to be at ¥260 billion (£1.9 billion), which is an increase of 10 per cent from last year.
