Shares in Zara owner Inditex tumble, slowing growth startles investors
Zara owner Inditex on Wednesday reported a slower start to its first quarter starting February 1, raising questions around its ability to keep building on rapid recent growth and sending its shares down more than 8% in early trading. Ciara Lee reports. The scientists trying to save the fewer than 100 wild ocelots in the US
Zara Owner Inditex 'Optimistic' About U.S. Despite Tariffs
ARTEIXO, Spain (Reuters) - The world's largest listed fashion retailer Inditex is well positioned to face the uncertainty about tariffs around the world as it sources its products in a wide range of different countries, Chief Executive Oscar Garcia Maceiras said on Wednesday.
Sales at constant exchange rose 10.5 percent in 2024, beating analysts' expectations, while profits hit historic highs at the ...
While Zara has successfully held off competition from new players and online upstarts, the U.S. is its second largest market ...
JPMorgan lowered the firm’s price target on Inditex (IDEXY) to EUR 50 from EUR 52 and keeps an Overweight rating on the shares.Light Up your ...
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Inditex posts record €7.6 billion profit amid sales surgeSpanish fashion giant Inditex, the parent company of Zara, reported pre-tax earnings of €7.6 billion ($8.2 billion) for the year — an increase from €6.87 billion the previous year — fuelled primarily ...
The owner of fashion brand Zara said store and online sales rose 4% at constant currency compared with the prior-year period.
In a report released on March 12, Inigo Egusquiza from Kepler Capital maintained a Buy rating on Inditex (0QWI – Research Report), with a ...
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