Inditex (Itx.es) Profit Q1 2025

Stock of Zara owner Inditex On Wednesday, more than 6% decreased after it posted weaker than expected, quarterly sales and marked the slower start of the summer season than last year amid a broad economic uncertainty.

The Spanish retailer announced the 8.27 billion euro (9.44 billion dollars) revenue in the financial first quarter, which covers on February 1 to April 30, is slightly shy with the LSEG 8.39 billion forecast.

Net profit amounted to EUR 1.3 billion per quarter, compared to the estimated analysts of EUR 1.32 billion.

The share decreased by 6.4% shortly after the market opening in London.

The company also reported a slower start of summer sale, which increased by 6% with permanent currencies from May 1 to June 9 against 12% growth over the same period last year.

Inditex, which also owns a series of High Street brands, including Pull & Bear, Bershka and Massimo Dutti, is often regarded as a barometer for wider consumer moods and key cost models.

A company that considers the US as the second largest market after Spain, stated that the impact of tariffs on consumer expenses is currently unclear.

“The current environment is difficult to predict, and we continue to monitor the situation,” said Gorka García-Tapia Yturriaga, head of the Inditex investor.

However, he said that diversified and flexible supply networks will help minimize the worst impact. Currently, Inditex produces most of its products in different parts of Asia, as well as in Spain, Portugal, Morocco, Turkey, Brazil and Argentina.

“We see the possibilities of growth around the world, not just one market,” he added.

Back in March, Inditex Learned the slowdown At the request of the beginning of the year, the CEO of Oscar García Maceiras at the time attributed uncertainty around the tariffs.

The shares are plunged into the comments, and the shares currently remain about 12% of December 4, as of Monday.

The comments came when Inditex sales increased annually in the fourth quarter to 11.21 billion, which corresponds to expectations. Behind him followed A rare Miss On sales and profit in the third quarter, when the floods in Spain affected consumer expenses.

Inditex also pulls out a clear place in the High Street opponent H & Mwhich placed weak than expected financial Revenue of the first quarter In March, when sales continue to soften the Swedish fashion giant.

Two retail giants, however, fought with increased competition from the lower fashion brand, such as Chinese Shane and theme.