Company Earnings Update 3 minutesRegister for Free AccessZalando (XTRA: ZAL) 1Q19 Results: Higher Fulfillment and Administrative Costs Hurt Profits; Guidance Intact Coresight Research May 3, 2019 Executive Summary Zalando reported 1Q19 sales of €1.38 billion, up 15.2% year over year and in line with the consensus estimate recorded by StreetAccount. The company’s adjusted operating income grew 1,500% to €6.4 million, with an operating margin of 0.5%. Zalando maintained its earlier guidance for FY19 and expects GMV growth in the range of 20% to 25% and revenue growth at the low end of the 20% to 25% range. 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: Weinswig’s Weekly: On Our Groundbreaking NextGen Commerce ConferenceJuly 2023 US Retail Traffic and In-Store Metrics: Signs of a Nonfood Recovery as YoY Declines EaseChina Consumer Tracker: Multiple Categories Shift Toward E-Commerce, Away from In-Store PurchasingThree Data Points We’re Watching This Week
