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Fast Retailing Q3 profits climb 4 percent

By FashionUnited

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Fast Retailing reported its net profit for Q3 grew on Thursday. Revenues surged by 7 percent from the same period last year.

The company's net profit for Q3 was 247.2 billion yen, grew from 237.4 billion yen a year earlier. Revenues grew to 1.8228 trillion yen.

Fast Retailing (TYO: 9983) is a Japanese retail company best known for its primary subsidiary Uniqlo. The company, which was founded in 1963, owns several brands, including J Brand, Comptoir des Cotonniers, Foot Park, G.U., Princesse Tam-Tam and Theory. Uniqlo currently counts over 2000 retail stores world wide.

As of 2019, Fast Retailing has more than 52,800 employees and operates over 2,100 stores.

Fast Retailing
Financial Update