The operator of the Uniqlo global clothing chain reported first quarter results on Thursday that trailed analyst forecasts as a sharp decline in profit in China overshadowed strong sales in its home market of Japan.

Fast Retailing reported a strong rise in revenue and profit for the first quarter of fiscal 2025, thanks to buoyant sales at Uniqlo Japan and continued expansion in other markets.

Japan-based Fast Retailing, the operator of the Uniqlo global clothing brand, reported first-quarter results on Thursday, posting a sharp decline in profit in China, which overshadowed strong sales in Japan.

The Japanese operator of the global Uniqlo clothing chain said on Thursday that first-quarter operating profit rose 7.4%, a solid start to its plan to achieve record profits for a fourth-straight year.

Fast's Uniqlo business in China was impacted by incorrect inventory allocation, while the Southern U.S. region was cited for strong growth.