Japanese retail giant Fast Retailing lifted its 2025-26 annual net profit forecast on Thursday, buoyed by a strong performance in mainland China.
The parent company of Uniqlo "reported significant increases in both revenue and profit in the first quarter" of its fiscal year which runs from September, according to its financial statement.
In particular, Uniqlo International saw "a rise in revenue and double-digit year-on-year profit growth" in mainland China due in part to cold October weather.
As a result, Fast Retailing now expects a full-year net profit of 450 billion yen ($2.9 billion) for the fiscal year ending in August, compared with the previous estimate of 435 billion yen.
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...FLOOD WATCH REMAINS IN EFFECT FROM 6 AM CST THIS MORNING THROUGH
SATURDAY MORNING...
* WHAT...Flash flooding caused by excessive rainfall continues to be
possible.
* WHERE...A portion of central Alabama, including the following
counties, Autauga, Bibb, Blount, Calhoun, Chambers, Cherokee,
Chilton, Clay, Cleburne, Coosa, Dallas, Elmore, Etowah, Fayette,
Greene, Hale, Jefferson, Lamar, Marengo, Marion, Perry, Pickens,
Randolph, Shelby, St. Clair, Sumter, Talladega, Tallapoosa,
Tuscaloosa, Walker and Winston.
* WHEN...From 6 AM CST this morning through Saturday morning.
* IMPACTS...Excessive runoff may result in flooding of rivers,
creeks, streams, and other low-lying and flood-prone locations.
Flooding may occur in poor drainage and urban areas.
* ADDITIONAL DETAILS...
- Two to four inches of rainfall is forecast through Saturday
morning across much of the watch area, with amounts exceeding
five inches locally.
- http://www.weather.gov/safety/flood
PRECAUTIONARY/PREPAREDNESS ACTIONS...
You should monitor later forecasts and be prepared to take action
should Flash Flood Warnings be issued.
&&
Currently in Selma
65°
Cloudy
74° / 54°
3 AM
66°
4 AM
66°
5 AM
67°
6 AM
66°
7 AM
66°
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Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.