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| Name | Symbol | Market | Type |
|---|---|---|---|
| Industria De Diseno Textil Inditex SA (PK) | USOTC:IDEXY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.28 | -1.02% | 27.21 | 26.98 | 32.33 | 27.59 | 27.14 | 27.36 | 421,017 | 22:00:00 |
From Feb 2020 to Feb 2025
By David Román
MADRID-- Industria de Diseno Textil SA, the retailer behind the Zara fast-fashion, chain posted a 26% increase in net profit for the first half of its fiscal year amid surging sales that were helped by a weaker euro.
Inditex, as the company is commonly known, based in Arteixo, northwest Spain, said net profit for the six months ended July 31 rose to EUR1.17 billion ($1.32 billion) from EUR928 million a year earlier. Sales grew 17% to EUR9.42 billion.
Like-for-like sales, a metric that doesn't include new stores, rose 7% in the first half. The company opened stores in 35 markets during the period, bringing its count across 88 markets to 6,777.
The company said sales in local currencies are increasing at a strong 16% annual pace in its fiscal third quarter, according to data covering up to Sept. 10.
Write to David Román at david.roman@wsj.com
(END) Dow Jones Newswires
September 16, 2015 01:40 ET (05:40 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
1 Year Industria De Diseno Text... (PK) Chart |
1 Month Industria De Diseno Text... (PK) Chart |
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