Investors with an interest in Retail - Apparel and Shoes stocks have likely encountered both Victoria's Secret (VSXY) and Industria de Diseno Textil SA (IDEXY). But which of these two companies is the best option for those looking for undervalued stocks?
Industria de Diseno Textil (IDEXY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Sales at the Spanish fashion retailer—which houses Zara, Massimo Dutti and Bershka—rose 11.5% compared with the prior year.
Amancio Ortega moved into 10th place on the Forbes real-time billionaires list after the retailer he co-founded, Inditex, reported accelerating sales in the current quarter.
European shares fell marginally on Wednesday as renewed hostilities in the Middle East sent oil prices higher and dampened expectations for an imminent peace deal, while Zara owner Inditex gained after reporting a strong start to the summer.
Sales at the Spanish fashion retailer—which houses Zara, Massimo Dutti and Bershka— rose 11.5% compared with the prior-year period.
Zara owner Inditex said it had identified unauthorised access to databases hosted by a third party containing information on transactions with customers.
Industria de Diseño Textil, S.A. (IDEXY) Q4 2026 Earnings Call Transcript
The Zara-owner reported an acceleration in sales growth at a time when retailers and other industries face a potential impact from the Middle East conflict.
Industria de Diseno Textil (IDEXY) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Here is how Industria de Diseno Textil SA (IDEXY) and Stitch Fix (SFIX) have performed compared to their sector so far this year.
Inditex delivered a strong Q3 FY25 rebound, with sales up 4.9% YoY and margin expansion outpacing revenue growth. IDEXY's robust cash position (€11.3B) and conservative dividend policy (payout