Fast Retailing shares soar to record high after the Uniqlo owner lifts profit forecast

Shares of Fast Retailing surged over 9% to a record high Friday after the Japanese parent of Uniqlo lifted its annual outlook and as robust international growth boosted its quarterly profit.

Reflecting the stronger first-half performance and favorable currency assumptions, the company raised its full-year outlook for operating profit to 700 billion yen ($4.4 billion) from 650 billion yen forecast earlier.

Shares of Fast Retailing rose to a record high

The company sees a prolonged runway for expansion, with CEO Tadashi Yanai signaling "significant growth ahead" in a presentation on Thursday.

Fast Retailing reported a strong set of interim results for the six months ended Feb. 28, 2026, with revenue rising 14.8% year on year to 2.06 trillion yen and operating profit jumping 31.7% to 400.6 billion yen, as robust global demand for Uniqlo drove broad-based growth across regions.

Performance was led by Uniqlo International, where revenue surged 22.4% and profit rose 37.4%, supported by strong sales across Greater China, Southeast Asia, and Western markets, alongside continued traction in year-round apparel, the company said in its earnings release.

The company portfolio of brands includes Uniqlo, GU, Theory, Comptoir des Cotonniers and PLST.