Earnings Alerts

Fast Retailing (9983) Earnings Report: March Uniqlo Sales Down by 1.5% Amidst Low Temperatures

  • Fast Retailing reported a decrease in Uniqlo sales by -1.5% in March.
  • Despite the overall decrease, the average purchase per customer increased by +6.7%.
  • However, the number of customers dropped by -7.7% during the same period.
  • The decline in same-store sales for the month is attributed to low temperatures and sluggish sales of spring items.
  • Analysts’ ratings for the company are mixed, with 7 buys, 8 holds, and 0 sells.

Fast Retailing on Smartkarma

Fast Retailing, a major Japanese retail company, has recently received coverage from top independent analysts on Smartkarma, an investment research network. In one of the reports, Oshadhi Kumarasiri predicts a strong earnings beat for the company, but expresses caution due to concerns about high valuations and index issues. However, Uniqlo, Fast Retailing‘s domestic brand, is expected to show potential for growth in both revenue and operating profit. Another report by David Blennerhassett discusses the trade of being short Fast Retailing against the Nikkei 225 or Sector Basket and provides insights on other events related to the company. Travis Lundy, in his report, points out that Fast Retailing is now at “double downweight” levels, which could be a cause for concern. He also mentions the potential impact of the company’s weight in the Nikkei 225 index. In a separate report, David Blennerhassett covers the recent CEO and director dealings of Fast Retailing, along with other key stocks in the Hong Kong market. These reports provide valuable information for investors looking to trade in Fast Retailing and other related stocks.


A look at Fast Retailing Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience3
Momentum5
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Fast Retailing, the company behind popular clothing chain UNIQLO, has received an overall score of 3 out of 5 in the Smartkarma Smart Scores. This indicates a positive long-term outlook for the company. With a score of 5 for both Growth and Momentum, Fast Retailing is expected to continue its strong performance in the future.

The company, which operates in various markets including Japan, UK, China, and US, designs, manufactures, and sells its own line of casual clothing. Its strong growth potential and momentum in the market make it an attractive investment option. However, with a score of 2 for both Value and Dividend, investors should carefully consider the company’s financial performance and dividend payouts before making any investment decisions.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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