Zalando : Q3 due 5 November – Accelerating momentum and increased profitability
>Colder weather in September, 6% GMV growth and 190bp margin increase - Zalando will report Q3 2024 results on 5 November. We forecast GMV and sales to increase 6% y-o-y. This reflects a good start to Q3, and we also expect September to be a strong month given 1/ positive data from Textilwirtschaft (at least 3 weeks with double-digit growth in German offline apparel) and H&M (11% sales growth excluding FX for September expected) as well as 2/ easy comparatives. Adjust...Zalando is an e-commerce group based in Germany. Co. is engaged in the online retailing of clothing, shoes and accessories for women, men and children. Co.'s product offering include more than 1,500 brands, including global and local brands, as well as private labels, including shoes, clothing and accessores as well as sportswear and homeware designed especially for the Co. The Co.'s product offering is complimented by the Zalando Lounge and Zalon apps, which provides registered members special offers at discounted prices. Co. also provides a combination of services that include free delivery and returns.
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.