Company Earnings UpdateInditex (BME: ITX) FY16 Results: Continued Comp Strength Offset by Margin Erosion Coresight Research March 16, 2017 Executive Summary Inditex reported FY16 revenues of €23.3 billion, an increase of 11.5% over FY15 and broadly in line with analysts’ estimates. Comparable store sales in FY16 increased a strong 10% year over year. EBIT increased by 9.4% year over year to €4.1 billion, and FY16 EBIT margin contracted by 40 basis points year over year to 17.2%. For the trading period of February 1 to March 12, 2017, Inditex’s store and online sales increased by 13% year over year at constant currencies. 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 Other research you may be interested in: US CPG Sales Tracker: E-Commerce Sustains Double-Digit Growth Rate; In-Store Sales Expansion SlowsWeekly US and UK Store Openings and Closures Tracker 2025, Week 6: Bargain Hunt and Liberated Brands To Close About 200 StoresMixed Sentiment Trends Ahead of August 1 Tariffs; Plus, Luxury Shopping in Focus: US Consumer Survey InsightsJCPenney Merges with SPARC Group to Form Catalyst Brands—What It Means for US Retail
