Uniqlo-owner Fast Retailing keeps posting record profits, but one analyst warns of uncertainty [MSNBC.com]
FAST RETAILING UNSP/ADR (FRCOY)
NASDAQ:AMEX Investor Relations:
fastretailing.com/eng/ir
Company Research
Source: MSNBC.com
Uniqlo-owner Fast Retailing keeps posting record profits, but one analyst warns of uncertainty Customers exit a Uniqlo store, operated by Fast ing Co., in Tokyo, Japan. Akio Kon | Bloomberg | Getty Images Japan's The firm, which owns apparel giant Uniqlo, said Thursday that it had booked record profit for the third-straight year But the retailer's profit forecast missed expectations. Fast ing projected operating profits would grow 6.7% in fiscal 2020, well below the 15% growth analysts polled by Refinitiv had estimated. "It's a great, great name, great brand but there's a lot of uncertainty," Peter Boardman, managing director at NWQ Investment Management, told CNBC's "Squawk Box" on Friday. "Things are slowing down." Recent data have pointed to a slowing Chinese economy after years of rapid growth, with concerns that the worst may not be over. "Remember, 35% of their profits come out of China. So any sort of slowdown in China is certainly negatively affecting Fast ing or Uniqlo," Boar
Show less
Read more
Impact Snapshot
Event Time:
FRCOY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FRCOY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FRCOY alerts
High impacting FAST RETAILING UNSP/ADR news events
Weekly update
A roundup of the hottest topics
FRCOY
News
- Japan's Uniqlo opens Rome store as part of European expansion [Reuters]Reuters
- Japan's Nikkei ends higher as chip shares track US tech stocks, Fast Retailing weighs [Yahoo! Finance]Yahoo! Finance
- Japan's Nikkei rises as tech shares track US peers, Fast Retailing weighs [Yahoo! Finance]Yahoo! Finance
- Stocks muted, gold at new peak as markets weigh Fed cut timing [Reuters]Reuters
- Stocks muted, gold at new peak as markets weigh Fed cut timing [Yahoo! Finance]Yahoo! Finance