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Fast Retailing reported that same-store sales in April decreased by 1.3% compared to the same month last year, falling below the previous year's figure for the first time in six months.

Kabushiki Shimbun ·  May 7 07:39

Fast Retailing <9983.T> announced on the 2nd the preliminary sales report for Uniqlo's domestic business for April. Same-store sales decreased by 1.3% compared to the same month last year, falling below the previous year for the first time in six months. The number of customers decreased by 1.4%, while the average customer spending increased by 0.2%.

According to the company, in that month, temperatures were low, particularly in the first half of the month, which led to weak demand for summer products, causing sales to stagnate.

The closing price on the weekend of the 2nd was 47,990 yen, up 930 yen from the previous day.

Provided by: Wealth Advisor Company

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