Fast Retailing (OTCMKTS:FRCOY – Get Free Report) is expected to issue its resultson Thursday, April 9th. Analysts expect the company to announce earnings of $0.1967 per share and revenue of $6.2649 billion for the quarter.
Fast Retailing Price Performance
OTCMKTS:FRCOY opened at $40.86 on Wednesday. The firm has a 50 day simple moving average of $41.32 and a 200-day simple moving average of $37.76. Fast Retailing has a 1-year low of $28.50 and a 1-year high of $45.83.
Analyst Upgrades and Downgrades
FRCOY has been the subject of several research analyst reports. Nomura raised shares of Fast Retailing to a “hold” rating in a research report on Tuesday, March 3rd. Zacks Research lowered shares of Fast Retailing from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, Fast Retailing has a consensus rating of “Hold”.
Fast Retailing Company Profile
Fast Retailing Co, Ltd. is a Japanese retail holding company best known as the parent of Uniqlo, one of the world’s leading casual apparel brands. Headquartered in Yamaguchi Prefecture, Japan, Fast Retailing focuses on the design, manufacture and global distribution of everyday wear for men, women and children. Its core business centers on accessible, high-quality basics that blend functionality with minimalist styling, underpinned by proprietary fabric technologies such as HEATTECH and AIRism.
The company traces its roots to a men’s clothing shop founded by Tadashi Yanai’s family in 1963.
Further Reading
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