Zara Parent Inditex Posts Steady Growth Despite Tough Market Backdrop
By Andrea Figueras
Inditex, the owner of Zara, said recent sales growth was broadly stable at a time when retailers face challenging market conditions and continued disruption from the war in the Middle East.
The Spanish company, also home to brands such as Massimo Dutti and Bershka, booked a 9% on-year increase in sales from Aug. 1 through Sept. 7 on a constant-currency basis.
The growth rate compares with the 9.2% sales rise the company reported for its fiscal first half through July to a total of 19.76 billion euros, or $22.97 billion. Analysts had expected 19.65 billion euros, according to a poll of estimates compiled by Visible Alpha.
Retailers are dealing with rising raw-material and transport costs due to the war in the Persian Gulf, along with worsened consumer sentiment. Despite these difficulties, analysts expected Inditex to maintain strong momentum, helped by its local sourcing strategy, diversified transport methods and its highly integrated logistics platform.
Net profit in Inditex's fiscal first half climbed to 2.98 billion euros from 2.79 billion euros a year earlier.
For the year through January 2027, it continues to anticipate a stable gross margin, plus or minus half a percentage point.
Write to Andrea Figueras at andrea.figueras@wsj.com
(END) Dow Jones Newswires
September 09, 2026 02:15 ET (06:15 GMT)
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