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: 2Q23 US Earnings Season Wrap-Up: A Mixed Picture Due to Weak Demand and Higher Interest RatesFinancial Optimism Weakens in Year-to-Date 2024: US Consumer Survey InsightsRetail-Tech Trends 2024—Reshaping Retail: Insights Presented at CES 2024Earnings Insights 2Q24, Week 1: Mixed Reports from Kimberly-Clark, Levi’s, Skechers and Walgreens
