Fast Retailing June Earnings: Uniqlo Sales Down 3.4%, Customers Down 14.5%, Average Purchase Per Customer Up 12.9%

• In June, Uniqlo sales dropped by 3.4%.
• Customers decreased by 14.5%.
• Average purchase per customer increased by 12.9%.
• Sales increased in the first half of the month, but dropped later due to a decrease in temperature.
• Analysts have 8 “buys”, 7 “holds” and 1 “sell” rating for the company.

Fast Retailing on Smartkarma

Smartkarma, an independent investment research network, provides coverage on “Fast Retailing” from top independent analysts. Mark Chadwick‘s research report “Fast Retailing (9983) | Is China Still Recovering?” suggests that Fast Retailing‘s stock price is overvalued and faces downside risks from its Q3 results, China outlook, and index rebalancing. Similarly, Oshadhi Kumarasiri‘s report “Fast Retailing: Opportunities for Long-Term Growth Overshadowed by High Valuation” notes that while markets such as Europe, North America, South East Asia, India, and Australia present promising long-term growth opportunities, Fast Retailing‘s high valuation is a cause for concern. Finally, Michael Causton‘s report “Fast Retailing: Great Fundamentals for Uniqlo, Shame About the Share Price” states that Fast Retailing‘s target of ¥10 trillion in 10 years is far-fetched, yet its history of persistent determination suggests continued expansion is a certainty.

Overall, the analyst coverage of Fast Retailing on Smartkarma suggests that while the company may have great fundamentals for Uniqlo, its high valuation and potential risks from its Q3 results, China outlook, and index rebalancing may be a cause for concern.

A look at Fast Retailing Smart Scores

Fast Retailing Co., Ltd. is a clothing retail company with stores across Japan and overseas, including the UK, China, Hong Kong, South Korea, US, France, Singapore and Russia. Based on Smartkarma Smart Scores, the company has a long-term outlook that is promising: it has a good growth potential, with a score of 4, and a strong momentum, with a score of 5. Moreover, the company is resilient, with a score of 3, and has been able to create value, with a score of 2. Finally, the company has a low dividend score of 1, which suggests that it is not a dividend-paying stock.

Overall, Fast Retailing Co., Ltd. is well-positioned to benefit from the growing demand for its products in the long-term. Its strong momentum and growth potential suggest that the company will continue to expand its operations and attract new customers. Despite its low dividend score, the company’s resilience and value creation potential suggest that it is a reliable long-term investment.

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