Inditex S.A. Unsponsored ADR (IDEXY)
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Zara owner Inditex slumps as high expectations for earnings bite
Zara owner Inditex slumped nearly 6% after news of a surge in profit over the first nine months of the year underwhelmed against heightened expectations. Inditex unveiled a 9.9% increase in pre-tax profit to €5.8 billion (£4.8 billion) and 7.1% uptick in sales to €27.4 billion for the first nine months of the year on Wednesday.
Zara owner Inditex sees autumn sales boost after profit surge
Zara, Pull & Bear and Bershka owner Inditex has reported a surge in profit for the first nine months as autumn and winter clothing sales jumped most recently. Pre-tax profit climbed 9.9% to €5.8 billion (£4.8 billion) during the first nine months of the year, Inditex reported on Wednesday.
Zara owner Inditex reports strong start of holiday shopping season
Zara owner Inditex reported strong trading over the start of the holiday season, with revenues 9% in the six weeks to Dec. 9 as the world's biggest fast-fashion retailer kept drawing in shoppers even as rivals struggled.
Zara owner Inditex foreseen upping guidance in results
Zara, Pull & Bear and Bershka owner Inditex could well be on course to up guidance in third-quarter results next Wednesday, 11 December. Citing a surge in the clothing giant's share price over the past month, UBS analysts noted a third-quarter earnings beat and upgrade to its full-year outlook were priced in.
Inditex temporarily closes franchise-operated stores in Algeria
Spain's Inditex has temporarily closed its franchise-operated stores in Algeria though it is not considering ceasing operations in the country, a company source told Reuters on Thursday.
Exclusive: Inditex boosts fast fashion flights from India to avoid shipping delays
Zara owner Inditex has sharply increased its use of air freight to bring clothes from factories in India to its logistics hub in Spain to avoid shipping delays, according to trade data, industry experts, and investors.
IDEXY vs. DECK: Which Stock Is the Better Value Option?
Investors with an interest in Retail - Apparel and Shoes stocks have likely encountered both Industria de Diseno Textil SA (IDEXY) and Deckers (DECK). But which of these two stocks is more attractive to value investors?
Is Industria de Diseno Textil (IDEXY) Outperforming Other Retail-Wholesale Stocks This Year?
Here is how Industria de Diseno Textil SA (IDEXY) and Burlington Stores (BURL) have performed compared to their sector so far this year.
Industria de Diseno Textil (IDEXY) is an Incredible Growth Stock: 3 Reasons Why
Industria de Diseno Textil (IDEXY) is well positioned to outperform the market, as it exhibits above-average growth in financials.
IDEXY or DECK: Which Is the Better Value Stock Right Now?
Investors interested in Retail - Apparel and Shoes stocks are likely familiar with Industria de Diseno Textil SA (IDEXY) and Deckers (DECK). But which of these two companies is the best option for those looking for undervalued stocks?
Zara owner Inditex launches fund to finance textile innovation
Zara owner Inditex has launched a fund to invest around 50 million euros ($54.75 million) in innovation projects, mainly in the textile sector.
Are Retail-Wholesale Stocks Lagging Industria de Diseno Textil (IDEXY) This Year?
Here is how Industria de Diseno Textil SA (IDEXY) and Burlington Stores (BURL) have performed compared to their sector so far this year.
