, the parent of fashion company Uniqlo, has announced a substantial 31.2% growth in operating profit for the third quarter (Q3) of the fiscal year 2024 (FY24), reaching Y144.7bn ($0.
90bn). The company’s revenue for the quarter stood at Y767.5bn, a 13.
5% increase compared to the same period of the previous year. The gold standard of business intelligence. Its gross profit saw a significant jump of 19.
1%, amounting to Y433.7bn for the three months leading up to 31 May 2024. Profit attributable to the owner of the parent company was reported at Y116.
9bn in Q3 FY24. Over the quarter, Uniqlo Japan’s revenue increased to Y236.9bn, with operating profit growing to Y50.
5bn. The brand’s same-store sales rose by 9%, fuelled by strong sales in T-shirts, bra tops and other product ranges. Access the most comprehensive Company Profiles on the market, powered by GlobalData.
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However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form The gross profit margin for Uniqlo Japan improved by 4.1 percentage points, and the selling, general and administrative expense ratio saw a 2.1-point enhancement.
Uniqlo International also reported increased revenue of Y408.8bn and a 15.6% rise in operating profit to Y71.
0bn. GU, the discount casual wear retaile.