That was slightly short of market estimates.

But the Japanese retailer stuck to its annual profit outlook, meaning it's on track for a third straight year of record earnings.

Known for its fleece jackets and inexpensive basics, Uniqlo is benefiting from a recovery in China - its biggest overseas market.

The yen's tumble to 34-year lows has helped too, as it boosts the value of the firm's overseas earnings.

Now Uniqlo is targeting aggressive growth in Greater China, North America and Europe.

And it's benefiting from a post-lockdown shift in shopping habits, with many consumers opting for value over luxury.

The latest results follow a 25% jump in earnings in the first quarter, on the back of strong growth in China.

With 922 stores on the mainland there, Uniqlo is a bellwether for global retailers operating in the country.

Founded and run by Tadashi Yanai - Japan's richest man - Fast Retailing has posted record results for the past two years, and looks set to extend the streak.