December 13, 2018 2 minutes

Inditex (BME: ITX) 9M18 Results: Tight Control of Expenses, Limited Promotional Activity Boost Profits

Primary Analyst: Coresight Research

Company Earnings Update

Executive Summary

Inditex reported 9M18 revenue growth of 2.6% year over year, to €18.4 billion. At constant currency, sales grew by 7%.
Operating margin growth was flat in the period, while gross margin and SG&A margin each increased by 60 basis points.
Inditex maintained its previous guidance; the company expects gross margin expansion of about 50 basis points and same-store sales growth of 4%–6%.

Please Login to read the full report. Not a member? To access this content for free, register for a free account.

This document was generated for