Fast Retailing (9983) | Exceptional Quarter

752 Views13 Jul 2023 21:31
Fast Retailing’s group net sales for Q3 increased to Y676b (+23.8% yoy), above consensus expectations at Y640b. An exceptional quarter, but we remain bearish on valuations and index change catalyst
Boomeranged on Wed, 4 Oct 2023 03:07
Q4 results due on 12 October - should be no surprise. HOWEVER, FY8/24 guidance risk? Q1 (Sep-Nov) is the most important quarter AND Sept sales in Japan -3.1% due to warm weather impact on Fall/Winter products.
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