Fast Retailing saw a 12.2 per cent gain in revenue over US $ 20 billion and a 31.4 per cent increase in operating profit over US $ 3.3 billion. The parent company’s owners saw a 25.6 per cent increase in profit of US $ 2.49 billion.
Examining the outcomes attained by Uniqlo Japan and International Uniqlo Japan saw a 4.7 per cent increase in revenue to US $ 6.25 billion in FY 2024 and a 32.2 per cent increase in operating profit to US $ 1.04 billion.
The company’s second-half expansion of 11.7 per cent resulted in a 3.2 per cent gain in same-store sales. Gross profit margin for the entire year increased by 2.9 points.
Uniqlo’s operating profit increased by 24.9 per cent to US $ 1.59 billion, while its international revenue jumped by 19.1 per cent to US $ 11.87 billion.
Greater China, Mainland China, South Korea, Southeast Asia, India, Australia, North America, and Europe all saw increase, according to Uniqlo.
GU reports higher earnings and revenue. GU’s operating profit of US $ 226 million, up 28.9 per cent, and full-year revenue of US $ 2.14 billion, up 8.1 per cent. The company also stated that strong sales of items that tapped into worldwide mass fashion trends contributed to GU’s boost in same-store sales.
In September 2024, the firm launched its first GU flagship store outside of Japan in the United States.
It is anticipated that FY ’25 would see a 9.5 per cent growth in consolidated revenue of US $ 22.8 billion, a 5.8 per cent increase in consolidated operating profit of US $ 3.55 billion, and a 3.5 per cent increase in profit attributable to the parent company of US $ 2.58 billion.
