Insight Report 2 minutes PremiumFast Retailing (TYO: 9983) 1H16 Results: Company Revises Guidance Downward Due to Weak Performance in Key Regions Coresight Research April 7, 2016 Executive Summary Fast Retailing reported fiscal 1H16 revenues of ¥1,011.6 billion, up 6.5% year over year but missing the consensus estimate of ¥1,042.5 billion. EPS was ¥461.43, down 55.1% from ¥1,027.75 in 1H15. In the fiscal first half, Uniqlo Japan reported declines in both revenue and profit; Uniqlo International reported a rise in revenue and a decrease in profit; and the Global Brands division reported increases in both. For fiscal 2016, the company expects revenues of ¥1,800.0 billion, a 7.0% year-over-year increase. The company also expects EPS of ¥588.55, compared to ¥1,027.75 in fiscal 2015. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: China’s 6.18 Shopping Festival 2023: Three Trends To Watch, Discounting To Entice Cautious ConsumersMarket Outlook: UK Grocery—Inflation Drives Value Growth Amidst Volume DeclineWeekly US and UK Store Openings and Closures Tracker 2024, Week 35: US Store Closures Up 44% Year Over YearRetail Challenges Drive Edge Technology Investment
