Insight Report 2 minutes PremiumZalando (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. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Thinking Differently About Tech and Data To Drive Profit: The 3x3x3 FrameworkFlipkart Big Billion Days 2023: Preview—Positive Consumer Sentiment and a Focus on Immersive ShoppingWeinswig’s Weekly: Tackling the Food-Waste Challenge with TechnologyConsumers Report Strong Financial Health: US Consumer Survey Insights
