Uniqlo owner Fast Retailing raises forecast after Q3 profit jumps 46%

Fast Retailing, the Japanese owner of clothing brand Uniqlo, reported on Thursday that its third-quarter operating profit surged 45.7% to 213.79 billion yen ($1.32 billion), comfortably beating the 177.73 billion yen average of seven analyst estimates compiled by LSEG. The company raised its full-year operating profit forecast to 730 billion yen from the 700 billion yen target it had set just three months earlier.money.usnews+2

Record Earnings Within Reach

The results put Fast Retailing on track for a fifth consecutive year of record earnings, even as the company navigates supply chain and logistics disruptions caused by the Iran war. For the nine months ended May 31, 2026, consolidated revenue rose 17.1% year on year to 3.07 trillion yen, while profit attributable to owners climbed 25.6% to 426 billion yen. The company now expects full-year revenue of 3.97 trillion yen, a 16.7% increase from the prior year.thestandard+2

International Growth Drives Performance

Strong international demand for Uniqlo has been the primary engine of Fast Retailing's expansion. During the first half of fiscal 2026, Uniqlo International contributed an additional 227.2 billion yen in revenue, far outpacing the 40.1 billion yen gain at Uniqlo Japan. The company had already lifted its annual dividend forecast to 640 yen per share earlier this fiscal year, representing a 28% increase from the 500 yen paid in the prior year.fastretailing+2

Fast Retailing's third-quarter operating profit of 213.79 billion yen compared with 146.74 billion yen in the same period a year earlier, underscoring the breadth of the recovery across all regions despite geopolitical headwinds weighing on global supply chains.wkzo+1