Inditex reports an operating profit of 5.9 billion euros for the first nine months of the year, a profit increase of 4.8 percent compared to the same period last year.
The profit increase was slightly larger than expected. Analysts had on average expected an operating profit of 5.8 billion euros, according to Bloomberg.
Net sales during the period rose 2.7 percent to EUR 28.2 billion.
At the end of the period, the number of stores in the clothing chain had decreased by 2.3 percent compared to a year earlier, to 5,527 stores.
According to Inditex, sales in stores and online increased by 10.6 percent during the period November 1-December 1 compared to the same period in 2024.
