TOKYO (Reuters) - Japan's Fast Retailing (T:9983), owner of casual fashion brand Uniqlo, forecast a 64% recovery in operating profit in the year through next August, following a 42% slump in the year just gone due to the global pandemic.
For the year just ended, it reported a 149 billion yen (1.1 billion pounds) operating profit, beating the market's consensus foreast of 137 billion yen according to Refinitiv data.