Inditex : Sales to remain strong and USD starting to impact gross margin
>Q2 2022 to maintain strong trend, with some offsetting impact from stronger USD… - We expect Q2 results to maintain strong sales growth of 12.2% y-o-y following the positive data reported in Q1 and assuming only a mild deceleration in the second half of the quarter from a very strong start (trading was +17% y-o-y at constant FX from May 1 to June 5, with +13% in the last two weeks of the period). FX should continue to help sales in the quarter and for the remainder o...Industria de Diseno Textil Inditex is the parent company of a group engaged in apparel and footwear manufacturing and retailing. The Group is made up of fashion retail chains, textile manufacturing, purchasing and fabric treating companies, logistics and construction companies which are responsible for store refits and manufacturing structure. Products include men's, women's and children's wear collections, footwear, and women's lingerie which are sold through the Group's retail store chains of: Zara, Kiddy's Class, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, and Oysho and Zara Home.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.