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Fast Retailing Grew By 8.8% In The First Quarter.

2014/1/10 10:45:00 44

Uniqlo Fast Retailing First Quarter Revenue

Uniqlo UNIQLO parent FastRetailingCo.Ltd. express group said that in the first quarter of fiscal year 2014, Japan's domestic passenger price increased and overseas sales rose rapidly, resulting in a high growth rate of revenue. 
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 > a href= "//www.sjfzxm.com/news/index_c.asp" > FastRetailing < /a > Co.Ltd. fast marketing group pointed out in yesterday's earnings report that in 2013 9-11, the group created a net profit of 41 billion 850 million yen, or about 399 million dollars, which was 37 billion 200 million yen higher than the three analysts of Bloomberg composite, and 8.8% higher than the 38 billion 470 million yen in the same period in 2012. 
 > a href= "//www.sjfzxm.com/news/index_c.asp" > operating profit < /a > up 13% to 64 billion 30 million yen (US $610 million), up from 59 billion 900 million yen in the market forecast, 56 billion 610 million yen in the same period of 2012, close to 80% of the operating profit contributed by Japan's domestic business, the increase in the consumption of light feather products and Heattech products and the selling of high priced products such as cashmere products all contributed to the growth of revenue, while Uniqlo UNIQLO's overseas business increased by 97% under the promotion of 66 new stores. 
 net sales increased from 318 billion 440 million yen in the same period of 2012 to 389 billion 50 million yen, an increase of 22.3%, and overseas business sales increased by 77%. 
 group said that due to changes in the accounting method of internal spanactions, the annual sales forecast should be 1 trillion and 322 billion yen, a 0.6% decrease from the 1 trillion and 330 billion yen target announced in October 2013, while the target of operating profit of 156 billion yen will remain unchanged, which is in line with market expectations of 155 billion 360 million yen. 
 FastRetailingCo.Ltd. (9983.T) the stock price received 39800 yen before its earnings announcement in January 9th, and fell 3.75% after the stock market. The stock rose 99% in 2013, doubling the market value of FastRetailingCo.Ltd. (9983.T) from 23 trillion yen in 2012 to 46 trillion yen. 
 FastRetailingCo.Ltd. (9983.T) this Monday announced the Japanese sales data of Uniqlo UNIQLO in December: December benefited from cold weather, Uniqlo < a href= "//www.sjfzxm.com/news/index_c.asp" > UNIQLO /a > Japanese same store sales increased 1.1% to 101 billion 100 million yen. In December, Uniqlo UNIQLO Japanese Self operated store sales increased by 3.4% to 103 billion 700 million yen, including e-commerce, including total sales growth of 4.1% to 104 billion 100 million yen. 
 FastRetailingCo.Ltd. (9983.T) XXX group also announced four new personnel appointments, from the Wal-MartStoresInc. (NYSE:WMT) WAL-MART and other global leading retailers in the corner of the flagship brand Uniqlo UNIQLO management team to add bricks and mortar. 
P, JuicyCouture, former president and chief creative officer LeAnnNealz has been appointed FastRetailingCo.Ltd. (9983.T) fast marketing group as the chief creative officer of UniqloGlobalDesign UNIQLO global design, responsible for product development and design, and NaokiTakizawa, the current design director of the group, will retain its position. The JohnFleming from Wal-MartStoresInc. (NYSE:WMT) WAL-MART will join the group as chief executive of the e-commerce department. J rgenAndersson rgenAndersson, who has many years of experience in Hennes&MauritzAB (HMb.ST) and EspritHoldingsLtd. 0330.HK, will serve as Uniqlo co chief marketing officer of UNIQLO. StevenSare, formerly a senior vice president and general manager of Express, will become the chief sales officer of UniqloU.S.A. UNIQLO American branch.