- Fast Retailing has increased its full-year operating income forecast to 545.00 billion yen, up from the previous forecast of 530 billion yen and slightly above the estimate of 539.72 billion yen.
- The company expects net income to reach 410.00 billion yen, improving on its previous forecast of 385 billion yen and surpassing the estimate of 397.76 billion yen.
- The anticipated dividend is now 480.00 yen, up from the previous forecast of 450.00 yen and higher than the estimate of 447.29 yen.
- The full-year net sales forecast remains at 3.40 trillion yen, in line with the estimate of 3.39 trillion yen.
- For the second quarter, Fast Retailing reported an operating income of 146.66 billion yen, well above the estimated 125.28 billion yen.
- Second-quarter net income stands at 101.60 billion yen, significantly exceeding the estimate of 88.36 billion yen.
- The company’s second-quarter net sales were 895.01 billion yen, outperforming the estimate of 873.57 billion yen.
- Analyst recommendations comprise 10 buys, 13 holds, and 0 sells for Fast Retailing.
Fast Retailing on Smartkarma
Analysts on Smartkarma are providing valuable insights on Fast Retailing (9983 JP) for investors to consider. Mark Chadwick‘s report highlights a buying opportunity ahead of Fast Retailing‘s Q2 results, with sales and EBIT expected to exceed consensus estimates. David Blennerhassett‘s summary notes that Fast Retailing‘s single cap move limits sell-down pressures, amidst other market events. On the other hand, Brian Freitas takes a bearish stance, discussing the potential for double capping in March and the impact on passive investors. Travis Lundy adds to the discussion, emphasizing the importance of Fast Retailing‘s capping decision for the Nikkei 225, with potential implications for tech stocks in Japan.
Overall, the analyst coverage on Fast Retailing includes bullish sentiments from Mark Chadwick and David Blennerhassett, contrasting with Brian Freitas and Travis Lundy‘s more bearish perspectives. Investors tracking these insights on Smartkarma can gain a comprehensive view of the factors influencing Fast Retailing‘s performance in the market.
A look at Fast Retailing Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
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 UNIQLO clothing stores worldwide, has been assigned Smart Scores that highlight various aspects of its long-term outlook. With strong scores in Growth and Resilience, the company seems poised for continued expansion and stability in the face of challenges. The Growth score indicates a positive trajectory for the company’s development, while the Resilience score suggests a robust ability to weather market fluctuations.
Although the Value and Dividend scores are not as high, Fast Retailing‘s overall outlook appears promising, especially with above-average scores in key areas like Growth and Resilience. Additionally, the company’s presence in multiple international markets underscores its potential for sustained success and growth in the competitive retail industry.
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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