The knock-on effects are beginning
Posted: Thu Feb 20, 2025 5:58 am
Artificial intelligence digital transformation microsoft news news tech hot topic reports uniqlo and - earnings report expected to describe challenges pimtz - uniqlo parent company and home store operator they are expected to say they are facing headwinds when they report their latest earnings next week.
Bloomberg said this in a report on analysts' forecasts for these mexico whatsapp number data companies and others scheduled to report next week in asia's earnings season. Fast retailing may report slower operating profit growth as sales of winter clothing were dampened by warmer weather in autumn and winter in the quarter ending in march, the report said.
Analysts also pointed out that fast retailing may face challenges from rising store rents and a boycott of uniqlo products on chinese social media. The report said that despite improvement in global same-store sales, operating profit may decline for the third consecutive quarter. Samsung electronics, another asian company due to report earnings next week, expects its operating profit to recover in the current quarter.
Bloomberg said this in a report on analysts' forecasts for these mexico whatsapp number data companies and others scheduled to report next week in asia's earnings season. Fast retailing may report slower operating profit growth as sales of winter clothing were dampened by warmer weather in autumn and winter in the quarter ending in march, the report said.
Analysts also pointed out that fast retailing may face challenges from rising store rents and a boycott of uniqlo products on chinese social media. The report said that despite improvement in global same-store sales, operating profit may decline for the third consecutive quarter. Samsung electronics, another asian company due to report earnings next week, expects its operating profit to recover in the current quarter.