Company Earnings Update 2 minutesRegister for Free AccessZalando (XTRA: ZAL) 3Q17 Trading Update: Strong Sales Growth, but Declining Profit Margins Due to Growth Investments Coresight Research October 19, 2017 Executive Summary Zalando expects to report 3Q17 revenues of €1,064–€1,081 million, according to preliminary figures, representing growth of 27.5%–29.5% year over year. The company expects to achieve 3Q17 adjusted EBIT of €(5.0)–€5.0 million, corresponding to an adjusted EBIT margin of (0.5)%–0.5%. The company will report full and detailed 3Q17 results on November 7, 2017. Zalando will enter the beauty market in spring 2018 to tap into the online beauty shopping opportunity in Europe and complement its fashion assortment. 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: Showfields and Neighborhood Goods Store Closures Reveal Challenges to the Physical Concession ModelCountdown to China’s Singles’ Day 2023: Six Months To Go—What Brands and Retailers Should Know in Advance of the Shopping FestivalInflation and Interrupted Income—Could Consumers Still Pay the Bills?: US Consumer Survey InsightsMarch 2023 US Housing Market Indicators: All Home Sales See a Sudden Monthly Rise
