Inditex SA’s first-quarter earnings beat analysts’ expectations, thanks to more efficient stores and as hard-pressed shoppers still accepted price increases.
Operating profit rose 43 per cent to €1.48 billion , the Arteixo, Spain-based textile maker said Wednesday. Analysts expected €1.35 billion. It comes as the retailer is considering setting up a fund to back start ups and technologies that could help improve the firm’s environmental impact.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Analysis: Weekly shop increases aren't driven solely by higher costs - what about company profits?Analysis: Economist Victor Duggan looks at the cost of living numbers and asks why super-sized company profit margins are not being queried more...
Weiterlesen »