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: 2023 US Tax Tracker #4: Post-Tax-Day Wrap-Up—IRS Issues $237 Billion in Refunds, Coresight Research Survey Reveals Consumers’ Plans for Tax RefundsWeinswig’s Weekly: What Are the Prospects for US Holiday Retailing?Weekly US and UK Store Openings and Closures Tracker 2023, Week 25: UK Store Openings Cross 1,000Generative AI Latest: The EU Digital Services Act, Conversational AI and VMware Explore 2023