Bryan Garnier - INDITEX (ITX) Inditex: navigating temporary sales growth hiccups

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Bryan Garnier

Cedric Rossi

Inditex: navigating temporary sales growth hiccups

Whereas the slowdown in current trading was clearly more abrupt than expected, we believe this hiccup is temporary, as shown by the rebound in the first week of March to +7%. The latter is more consistent with our scenario of normalising sales trends towards 7% FX-n growth over the FY25-27 period,

13/03/2025 1 EN

Underlying

INDITEX

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Spain

Provider

Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

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Analysts

Cedric Rossi

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Inditex: navigating temporary sales growth hiccups

On the shelves now: Consumer Weekly #62

Inditex: sound FY24 results but current trading has decelerated

On the shelves now: Consumer Weekly #62

HelloFresh: no rerating without timing for meal-kit stabilisation

Tesco: can Asda really revive the price war in the UK?

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