Inditex: Record Sales With 11% Fewer Shops | The Corner

Dec 17, 2024 · Shop sales in Q3 2021 exceeded Q3 2019 figures at constant exchange rates, with 11% fewer shops. Online sales continue to grow strongly. Online sales at constant …

11%
OFF

Inditex: Record Sales With 11% Fewer Shops | The Corner

4 weeks from now

Dec 17, 2024 · Shop sales in Q3 2021 exceeded Q3 2019 figures at constant exchange rates, with 11% fewer shops. Online sales continue to grow strongly. Online sales at constant …

thecorner.eu

11%
OFF

11% Of Inditex Retail Outlets In France Close In Last Two Years

4 weeks from now

6 days ago · 11% of Inditex retail outlets in France close in last two years ... 11% of physical fashion shops in France have closed. The market fell by 9% in 2022 compared to 2019. …

thecorner.eu

11%
OFF

INDITEX | Inditex Posts Record Levels Of Revenue, Profit And Cash For ...

4 weeks from now

Dec 15, 2021 · In-store sales continued to strengthen throughout the third quarter. In local currency terms, 3Q21 instore revenue topped that of 3Q19, despite 11% fewer stores. …

inditex.com

54%
OFF

Inditex Quarterly Profit Up 54% To Record €1.168 Billion

4 weeks from now

Jul 10, 2024 · Inditex’s (ITX) net profit rose 54% in its first fiscal quarter (1 February 2023 to 30 April 2023), to €1.168 billion. Sales grew by 13% in the first fiscal quarter, to €7,611 million, …

thecorner.eu

0%
OFF

INDITEX | Interim Nine Month 2024 Results

4 weeks from now

Nov 4, 2024 · The net cash position grew 3.0% to €11.8 billion. / The FY2023 final dividend of €0.77 per share was paid on 4 November 2024. / Autumn/Winter collections remain well …

inditex.com

41%
OFF

Inditex Smashes Sales And Earnings Records: €1,794 Mn (+41%)

4 weeks from now

Sep 15, 2022 · Inditex (ITX) published on Wednesday its results for the first half of the 2022 fiscal year (since February 1 to July 31) with sales, EBITDA and net profit reaching record highs. Net …

thecorner.eu

€32
OFF

Zara-owner Inditex Sews Up Sales Jump As Shoppers Return To Stores

4 weeks from now

Mar 15, 2023 · Sales increased by 17.5 per cent to €32.6bn for the year, it added, amid 23 per cent growth from shoppers at its high-street stores. Inditex told shareholders that online traffic …

scotsman.com

7%
OFF

Inditex Beats The Epidemic And Achieves Record Sales And Profits

4 weeks from now

These numbers represent a historic record of sales, profits and cash generation in the second quarter of the year, as business volume grew by 7%. Same period in 2019. This is the data …

thedailyguardian.net

40%
OFF

Inditex's Net Income Rises 40% To €2,513 M In First Half Of Fiscal …

4 weeks from now

5 days ago · Inditex’s (ITX) net income rose 40% in the first half of the fiscal year (from 1 February 2023 to 31 July 2023), to €2,513 million. Sales grew by 13.5% to €16,851 million, with a “very …

thecorner.eu

11%
OFF

Inditex : Posts Record Levels Of Revenue, Profit And Cash For Second ...

4 weeks from now

Dec 15, 2021 · In-store sales continued to strengthen throughout the third quarter. In local currency terms, 3Q21 instore revenue topped that of 3Q19, despite 11% fewer stores. …

marketscreener.com

70%
OFF

The Two Sides Of Inditex's 2020 Results: Profit Falls By 70%, Online ...

4 weeks from now

5 days ago · Inditex's results in the year of the pandemic have shown an annual drop in profit and revenues of 70% and 28%, respectively, although the counterpart for the company has been …

thecorner.eu

FAQs about Inditex: Record Sales With 11% Fewer Shops | The Corner Coupon?

Why did Inditex sales go up?

Sales went up by 14.1% when you don't count changes in money values. The neew spring and summer clothing lines are already proving popular with customers and sales have started strongly, the company said. Inditex, with almost 5,700 shops worldwide, saw online shopping grow faster than in-store shopping. ...

Does Inditex expect online sales in FY21?

Inditex expects online sales to account for more than 25% of total revenue in FY21. Third-quarter revenue, in local currencies, registered growth of 21% and 10% when compared with 3Q20 and 3Q19, respectively. ...

How many markets does Inditex operate in?

Inditex operates in 214 markets with low share in a highly fragmented sector and we see strong growth opportunities. We expect increased sales productivity in our stores going forward. The growth of annual gross space in the period 2024-2026 is expected to be around 5%. ...

How many stores did Inditex operate in 9m2024?

At the end of the period Inditex operated 5,659 stores. A list of total stores by concept is included in Annex I. In 9M2024, the execution of the business model was very strong. Gross profit increased 7.2% to €16.3 billion. The gross margin reached 59.4% (+4 bps). All expense lines have shown a favourable evolution. ...

Will Inditex's Currency impact sales in 2024?

At current exchange rates, Inditex reiterates its expectation of -3.0% currency impact on sales in 2024. In 2024, Inditex expects a stable gross margin (+/-50 bps). For 2024, we are making investments that are scaling our capabilities, generating efficiencies, and increasing our competitive differentiation to the next level. ...

Is Inditex a good company?

Inditex’s Executive Chairman, Pablo Isla, said: “These results are very satisfactory and demonstrate once again the solidity of our business model, the quality and commitment of our teams, and the potential being realised by our strategy of fully integrating stores and online”. ...