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Investing.com -- Japan's Fast Retailing, the operator of clothing chain Uniqlo, is projected to report another quarter of robust earnings this Thursday.
The clothing retail giant is navigating a trade environment disrupted by new U.S. tariffs.
According to the LSEG consensus forecast, which is based on the assessments of six analysts, Fast Retailing is expected to post a 14% increase in operating profit, amounting to 125.9 billion yen ($866 million). This projection is for the three-month period that ended in February, compared to the same period a year ago.
If these estimates hold true, it would set a new record for the company's second quarter. This would also represent a significant surge from the 7.4% profit growth that Fast Retailing reported in its first quarter.
The focus, however, remains on how the company will continue to navigate the changing trade landscape amidst the imposition of new U.S. tariffs.
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