Company Earnings Update 2 minutesRegister for Free AccessZalando (XTRA: ZAL) FY17 Results: Price Pressures and Higher Fulfillment Costs Weigh on Margins Coresight Research March 2, 2018 Executive Summary In FY17, Zalando grew revenues by 23.4%, toward the upper end of the guided range. It grew gross merchandise volumes (GMV) by 26.5%. Price competition in some European markets, coupled with higher fulfillment costs, depressed margins. Net profit fell by 15.7% versus analyst estimates of a 2% increase. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Coresight Bites: US Store Openings and Closures—2022 Review and 2023 OutlookHome and Home-Improvement Retail: Key Factors Influencing US ShoppersThe State of AI: Revisiting 2023 and Looking Ahead to 2024Analyst Corner—Building Future-Proof Pricing Strategies, with Manik Bhatia
