Company Earnings Update 2 minutesRegister for Free AccessInditex (BME: ITX) 9M17 Results: Strong Sales, but Margin Erosion Coresight Research December 14, 2017 Executive Summary Inditex reported 9M17 revenues of €18.0 billion, an increase of 9.5% year over year. Comparable store sales remained strong. The company’s EBIT increased by 6.1% year over year in the nine-month period, to €3.0 billion, while its EBIT margin contracted by 50 basis points year over year, to 16.7%. For the trading period from November 1 through December 11, 2017, Inditex’s store and online sales increased by 13% year over year in constant-currency terms. 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: Innovator Profile: Sociate.ai Enhances the Online Customer Experience Through Generative AIUS Department Stores—Retail 2024 Sector Outlook: Soft Sales Growth; Opportunities in Different Store Formats and Alternative ModelsInflation and Interrupted Income—Could Consumers Still Pay the Bills?: US Consumer Survey InsightsJuly 2024 US Retail Sales Outlook: Projecting Growth Acceleration Following a Weak June
