Earnings Alerts

Fast Retailing (9983) Earnings Surge with 14.9% Increase in June Uniqlo Sales

  • Fast Retailing reported a significant increase in June Uniqlo sales.
  • Overall sales at Uniqlo rose by 14.9% compared to the previous year.
  • Average purchase per customer increased by 6.3%.
  • The number of customers shopping at Uniqlo grew by 8.1%.
  • Analyst recommendations for the stock include 6 buys and 12 holds, with no sell ratings.

Fast Retailing on Smartkarma

Analyst coverage on Fast Retailing on Smartkarma provides a mix of perspectives on the company’s performance and outlook. Mark Chadwick‘s report, “Fast Retailing (9983) | Positive Q3 Outlook, but Priced In,” highlights Uniqlo Japan’s strong performance, maintaining earnings estimates despite a slight stock decline. On the contrary, Chadwick’s “Fast Retailing (9983) | Not So Fast” report points out that Q2 sales fell short of estimates, with the stock trading at a high valuation compared to global peers.

Contrasting views also come from Brian Freitas and Oshadhi Kumarasiri. Freitas’s analysis on the Nikkei 225 Index rebalance includes insights on Fast Retailing being capped, while Kumarasiri’s “Fast Retailing: Earnings Preview” anticipates strong earnings but expresses caution due to high valuations and index issues. In a different tone, David Blennerhassett‘s report humorously touches on various events, including a short position on Fast Retailing amid discussions on other companies.


A look at Fast Retailing Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience4
Momentum3
OVERALL SMART SCORE3.2

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 operator of the popular clothing chain UNIQLO, is poised for long-term success based on its Smartkarma Smart Scores. With a stellar growth score of 5, the company shows strong potential for expansion and increasing market share. Additionally, its resilience score of 4 indicates the company’s ability to weather economic uncertainties and challenges in the retail sector. While the value and dividend scores are more moderate at 2, Fast Retailing excels in maintaining momentum with a score of 3. Overall, Fast Retailing‘s positive outlook on growth and resilience bodes well for its future performance.

FAST RETAILING CO., LTD., known for its UNIQLO stores worldwide, stands out in the retail industry with a focus on designing, manufacturing, and selling casual clothing. Operating not only in its home market of Japan but also across various international markets such as the UK, China, and the US, the company has established a strong presence globally. With a favorable mix of growth, resilience, and momentum factors, Fast Retailing appears to be on a steady path towards continued success and market expansion in the long run.


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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