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: Innovator Profile: Radd.’s Video-Marketing Tool Drives E-Commerce Traffic and Conversion3DLOOK, Clientricity and Trove Talk AI in Fashion Retail with Coresight ResearchWeinswig’s Weekly: Elevated Gasoline Prices and the Pressures on Consumer WalletsMarket Outlook: UK Department Stores—Slimmed Down and Shaping Up