Uniqlo operator Fast Retailing posts 32% rise in full-year profit

Fort Worth Star-Telegram reports: TOKYO, Oct 8 (Reuters) - Japan's Fast Retailing, owner of global clothing brand Uniqlo, booked its fifth consecutive record annual profit on Thursday, citing strong results in all regions and overcoming effects of a weak yen at home. Operating profit rose about 32% to 743.13 billion yen ($4.70 billion) in the 12 months ended August 31, from 564.3 billion yen in the prior period, the apparel maker said in a statement. That beat the company's own forecast of 730 billion yen and the 726.45 billion yen average estimate from 16 analysts polled by LSEG.

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