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: Big Sur AI—Boosting Brands’ Profitability with Commerce-First AI AgentsGrocery Retailing—US Real Estate Insights: Value and Specialty Grocers Lead Store Expansion as Traditional Retailers Lag BehindHot Tech Trends and Cool Products Unveiled: CES 2025 Pre-Conference InsightsTrends and Predictions for 2025 with Updates from CES and NRF: Premium Subscriber Call, January 2025
