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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.3777 | 1.37% | 27.9627 | 27.95 | 28.02 | 28.0225 | 27.84 | 27.96 | 20,144 | 16:00:59 |
From Dec 2019 to Dec 2024
(FROM THE WALL STREET JOURNAL 12/11/15) By David Roman
Industria de Diseno Textil SA, the retailer behind the Zara fast-fashion chain, said Thursday it plans to launch online operations in all European markets next year, as it posted third-quarter results that exceeded expectations.
Inditex, as the Spanish company is known, said net profit for the nine months ended Oct. 31 rose 20% from the same period last year to 2.02 billion euros ($2.21 billion). It didn't provide separate numbers for its fiscal third quarter, but a Wall Street Journal calculation shows third-quarter net profit rose 13% on the year to 854 million euros, compared with analysts' expectations of 645 million euros, according to FactSet.
Sales grew 15% to 5.32 billion euros, this calculation shows, as the company continued a strong pace of new store openings.
(END) Dow Jones Newswires
December 11, 2015 02:47 ET (07:47 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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