Company Earnings Update 3 minutesRegister for Free AccessINDITEX (BME: ITX) FY17 Results: Strong Sales Growth Offset by Margin Erosion Coresight Research March 15, 2018 Executive Summary Inditex reported FY17 revenues of €25,336 million, up 8.7% year over year and slightly below the consensus estimate of €25,406 million. In FY17, the company grew operating income by 7%, but its operating margin contracted by 20 basis points. Adjusted EPS was €1.08, up 6.7% year over year and in line with the consensus estimate. In FY18, Inditex expects to grow its store space by 6%, net of closures. The company expects to incur capital expenditures of €1.5 billion, driven mainly by the opening of new stores. 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: Social Commerce in Focus—Beauty Leads the Way: US Consumer Survey InsightsData Dive: US Return to Office—Three Retail-Relevant Trends You Don’t Already KnowSeasonal Shopping, 2Q24—Expectations for Memorial Day, Mother’s Day, Father’s Day and Holiday 2024: US Consumer Survey Insights ExtraSocial Splurge—Consumers Get Out and About During Memorial Day Weekend: US Consumer Survey Insights
