Company Earnings Update 2 minutesRegister for Free AccessInditex (BME: ITX) 1H17 Results: Solid Sales and Some Margin Erosion Coresight Research September 21, 2017 Executive Summary Inditex reported 1H17 revenues of €11.7 billion, an increase of 11.5% year over year and above the analyst consensus estimate. Constant-currency sales in 1H17 increased 11.0% year over year, while comps increased 6.0% year over year. EBIT increased by 8.6% year over year to €1.7 billion in 1H17, however, EBIT margin contracted by 40 basis points year over year to 14.9%. Inditex’s store and online sales at constant currencies for the trading period of August 1 to September 17, 2017 have increased by 12.0% year over year. 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: Analyst Corner—Tracking Category Trends: A View of the US Apparel and Footwear Market with Sunny ZhengConsumers’ Channel Preferences Gradually Shift: China Consumer Survey InsightsEarnings Insights 3Q23, Week 3: Coty and Ralph Lauren Report Positive Sales Growth; Capri Holdings, Hanesbrands and Qurate Retail See Sales DeclineRetail Shrink and ORC: California and New York Enact Tough New Anti-Theft Laws