Company Earnings Update 2 minutesRegister for Free AccessZalando (XTRA: ZAL) FY17 Results: Price Pressures and Higher Fulfillment Costs Weigh on Margins Coresight Research March 2, 2018 Executive Summary In FY17, Zalando grew revenues by 23.4%, toward the upper end of the guided range. It grew gross merchandise volumes (GMV) by 26.5%. Price competition in some European markets, coupled with higher fulfillment costs, depressed margins. Net profit fell by 15.7% versus analyst estimates of a 2% increase. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Groceryshop 2024 “Shark Reef” Startup Pitch Competition: Recap—12 Innovators, Two WinnersTech Talk from Shoptalk US and Shoptalk Europe: Five Trending Themes, Emphasis on Generative AIUS Consumer Tracker: Avoidance Rises and Activity SlidesWeinswig’s Weekly: Predictive Analytics Creates a Strong Foundation for Data-Driven Decision-Making in Retail
