Insight ReportINDITEX (BME: ITX) 1Q17 Results: Revenue and Profits Beat Estimates Coresight Research June 15, 2016 Executive Summary Inditex reported fiscal 1Q17 revenue of €4.9 billion, up 11.5% year over year and above the consensus estimate of €4.8 billion. Net income (GAAP) increased by 6.3%, to €554.0 million, above the consensus of €544.6 million. EPS was €0.18, an increase of 5.9% versus 1Q16 and in line with consensus. Solid comps and an expanding geographical reach drove up revenue and profit. Tight control of operating expenses also contributed to the results. The company will continue its revenue and store expansion in 2Q17. Analysts expect Inditex revenues to be up 9.8%, to €5.5 billion, and net income (GAAP) to rise by 4.2%, to €672.0 million, in 2Q17. 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: Weekly US Store Openings and Closures Tracker 2025, Week 24: Casey’s To Open 80 Stores; Torrid To Close 180 StoresFinancial Sentiment Recovers; Tariff Pessimism Improves; Inflationary Trade-Down Persists: US Consumer Survey InsightsHoliday 2025: US Consumer Survey and Retail Outlook—From Social to Smart: AI Becomes the New Driver of Holiday Discovery and ValueJCPenney Merges with SPARC Group to Form Catalyst Brands—What It Means for US Retail
