Company Earnings Update 3 minutesRegister for Free AccessZalando (XTRA: ZAL) 1Q19 Results: Higher Fulfillment and Administrative Costs Hurt Profits; Guidance Intact Coresight Research May 3, 2019 Executive Summary Zalando reported 1Q19 sales of €1.38 billion, up 15.2% year over year and in line with the consensus estimate recorded by StreetAccount. The company’s adjusted operating income grew 1,500% to €6.4 million, with an operating margin of 0.5%. Zalando maintained its earlier guidance for FY19 and expects GMV growth in the range of 20% to 25% and revenue growth at the low end of the 20% to 25% range. 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: US Mass Merchandisers, Warehouse Clubs and Discount Stores—Retail 2024 Sector Outlook: Slower Growth; Stronger Focus on EssentialsWeekly US and UK Store Openings and Closures Tracker 2023, Week 29: UK Closures Up 91%China Consumer Tracker: Renewed Spending Caution—Plus 2023 Travel PlansData Drop: US Retail—Number of Stores, Firms and Employees
