Zalando rises after it reports Q2 profit beat, adjusts FY guidance

ABOUT YOU Holding SE

06/08/2025 07:21

** Shares in Zalando ZALG.DE rise around 3% in early Frankfurt trade as the German online fashion marketplace adjusted its FY guidance to include newly acquired About You YOUG.DE, after its Q2 profit beat expectations

** Zalando now expects FY GMV between 17.2 billion and 17.6 billion euros ($19.92 billion-$20.38 billion) and revenue between 12.1 billion and 12.4 billion euros, including About You

** Its FY adj. EBIT is now expected to reach a range of 550 million to 600 million euros, compared to 530 million and 590 million euros previously targeted

** Jefferies says Zalando's Q2 EBIT was around 2% better vs consensus expectations, driven by GMV and in-line revenue and good cost control

** "We expect this print to be heavily debated today, but ultimately we would focus on EBIT upgrades emerging today," it adds

** The stock is seen at the top of Germany's blue-chip index .GDAXI

($1 = 0.8636 euros)

 (Reporting by Ozan Ergenay)

 ((ozan.ergenay@thomsonreuters.com))