Company Earnings Update 3 minutesRegister for Free AccessZalando (XTRA: ZAL) 2Q19 Results: EBIT Beat Prompts Narrowing of Guidance Coresight Research August 2, 2019 Executive Summary Zalando grew 2Q19 total sales by one-fifth year over year to €1.6 billion, in line with the consensus estimate. Reversing the prior trend of a rising fulfilment cost ratio, fulfilment costs as a proportion of revenues declined 1 percentage point year over year. Adjusted EBIT of €101.7 million was comfortably ahead of consensus of €97 million. Management narrowed its adjusted EBIT guidance for FY19, to the upper half of the previously indicated €175-225 million 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: Holiday 2023: Festive Frenzy of Social Commerce—Seven Social Media Strategies To Drive EngagementDecember 2022 US Retail Traffic and In-Store Metrics: Traffic Growth Turns PositiveInnovator Profile: Frate Reduces the Impacts of Retail Returns on Profitability and the EnvironmentGenerative AI Latest: Amazon’s Initiatives, the Home Sector’s Entry and the Launch of Hypermodal AI
