Company Earnings UpdateZalando (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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: US Retail—Real Estate Insights: Embracing Small Store Formats, Immersive Experiences and Emerging TechnologiesFinancial Confidence Improves: Weekly US Consumer Sentiment, Week 25, 2025—InfographicWeekly US and UK Store Openings and Closures Tracker 2025, Week 4: Store Closures Near 2,100 in the USSentiment Holds Steady As August Tariffs Deadline Looms: China Consumer Survey Insights