Fast Retailing Co., Ltd. (FRCOY)
| Previous Close | 64.01 |
| Open | 64.01 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 64.01 - 64.47 |
| 52 Week Range | 62.38 - 103.87 |
| Volume | 46,802 |
| Avg. Volume | 18,704 |
| Market Cap | 65.938B |
| Beta (5Y Monthly) | 0.88 |
| PE Ratio (TTM) | 75.95 |
| EPS (TTM) | 0.85 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.45 (0.68%) |
| Ex-Dividend Date | Feb. 25, 2021 |
| 1y Target Est | N/A |
- Bloomberg
China Is Forcing Fashion to Mute Itself Over Dirty Cotton
(Bloomberg) -- When a fashion industry sustainability group called out China over its treatment of Uyghur Muslims, the idea was to nudge Beijing toward human-rights reforms while cleaning up a troubled corner of the $60 billion global cotton business. Western brands have learned the hard way that things don’t work that way in China.Most Read from BloombergOut-of-Practice Airline Pilots Are Making Errors Back in the AirWhy Buying a Second or Even Third Home Is Becoming More Popular Than EverThe B
- Reuters
Japanese shares jump on tech boost, set to post weekly gain of over 2%
Japanese shares rose on Friday, and were set to end the week up more than 2%, after Wall Street's overnight gains helped boost technology heavyweights as the earnings season is set to kick off. However, Uniqlo owner Fast Retailing was the biggest drag on the Nikkei, falling 0.5%, after the company posted a weaker-than-expected profit forecast. Both the Nikkei and the Topix are set to post first weekly gains after three straight weeks of losses, rising 2.9% and 2.48%, respectively.
- Reuters
UPDATE 1-Uniqlo owner Fast Retailing forecasts profit recovery as pandemic abates
Japan's Fast Retailing expects a continued recovery in sales and profits in the year to August 2022 as the pandemic abates, the owner of clothing brand Uniqlo said on Thursday. "Vaccinations are being carried out all over the world to control the spread of the disease, and the economy is growing in earnest," chief executive Tadashi Yanai told reporters. Fast Retailing expects the pandemic will still drag on results in the first half of the fiscal year but will then recover in the second half as shopping habits return to normal.
