Fast Retailing, the Japanese fast fashion giant and parent company of Uniqlo, reported operating profit of 146.7 billion Japanese yen ($996 million) for the third fiscal quarter ending in May, with net profit reaching 105.5 billion yen ($716 million). Sales in mainland China declined approximately 5% YoY, with operating profit down 3%. CFO Takeshi Okazaki attributed the dip to weak consumer sentiment and unseasonably cool weather in early May. The Japanese market remained relatively stable, while overseas Uniqlo operations posted a 1.5% profit increase to 72.1 billion Japanese yen ($489 million).