Bloomberg Said This In A Report On

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Analysts' Forecasts For These 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 betting data 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. The Recovery Is Expected To Be Driven By Demand For The Company's Chips Used In Artificial Intelligence Applications. Tata Consultancy Services Is Expected To Post The Highest Profit Growth In Six Quarters Due To Demand For Software Services, The Report Said.

The Company Has Been Hiring To Meet An Expected Recovery In Technology Spending. Analysts Told Bloomberg They Will Be Listening To The Company's Comments On The Budget, With Some Expecting President-elect Donald Trump's Promised Corporate Tax Cuts To Spur More Tech Spending, While Others Believe His America First Policies Will Discourage Outsourcing. Reports Emerged Last Month That Takeover Proposals Had Been Under Consideration As The Company Has Faced Years Of Pressure From Shareholders, Some Of Whom Have Sought To Break Up The Company Over Poor Performance At Its Supermarkets.

Uniqlo Has Been Working Hard To Secure Its Position In The Fast Fashion Sector Amid