Price as on February 3, 2025:-
Spain: BME: Euro52.72
Data source: Google Finance
Started in 1963 as a small dressmaking workshop in Spain, Inditex is not one of the biggest fast fashion group in the world, operates over 7200 stores in 93 market globally. The company owns the best brands such as Zara, Zara Home, Bershika, Oysho, Massimo Dutti, Pull&Bear, Stradivarius, Uterque and Lefties.
Interim nine months 2024 results, Sales grew 7.1% to reach Euro27.4 billion, Gross Profit increased 7.2% to Euro16.3 billion, the margin reached 59.4%. Net income increased 8.5% to Euro4.4 billion.
Third-quarter sales of Euro9.36 billion came in below the Euro9.51 billion expected by analysts. An 8.5% rise in nine-month net profit to Euro4.44 billion also lagged the Euro4.52 billion expected by analysts.
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