Industria De Diseno Textil SA Share From Split
ITX: XMAD (ESP)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.KF | LOCK|%G@^ | LOCK|lm^zYQC |
Inditex Earnings: Sales Remains Strong, but Margin Progression Moderates, as Expected
Inditex reported continued strong revenue growth in the first half, with sales up 9.2% in constant currencies (8.8% in the first quarter). However, margin fell short of market expectations, coming in flat in the first half (up 30 basis points in the first quarter). Shares fell 5% on Sept. 9.
