Zalando SE

ZAL: XETR (DEU)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Zalando Earnings: Solid Acceleration in Sales Growth; Shares Undervalued

Jelena Sokolova

Nov 6, 2025

Zalando reported an acceleration in sales trends in the third quarter, as gross merchandise value grew by 6.7% and revenue rose by 7.5% on a pro forma basis (5% and 7.3% growth in the second quarter, respectively). Shares were up more than 6% after the announcement.

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Zalando SE

Zalando Earnings: Solid Acceleration in Sales Growth; Shares Undervalued

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