Insight ReportZalando (XTRA: ZAL) 1Q18 Results: Beats on Top Line but Greater Discounting and Mounting Costs Lead to Operating Loss Coresight Research May 9, 2018 Executive Summary In the first quarter, Zalando grew revenues by 22% year over year, but discounting pressured the gross margin and operating costs climbed by 25%. Revenues for its core Fashion Store business grew by 20%. Management reiterated its guidance for FY18 revenue growth of 20%–25% and adjusted EBIT of €220–€270 million. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: US Consumers’ Perceptions of Tariffs: Data GraphicEarnings Insights 4Q24, Week 7: Costco, Inditex and Puma Lead with Solid Fourth-Quarter GrowthKering and L’Oréal Announce €4 Billion Strategic Partnership—Multibrand Luxury and Beauty Firms Playing To Their StrengthsHigh-Income Consumers’ Economic Optimism at Five-Month Low; Holiday Shopping Accelerates: US Consumer Survey Insights
