Inditex falls after Q2 EBIT miss

H and M Hennes and Mauritz AB

09/09/2026 08:12

** Shares in Zara owner Inditex ITX.MC fall 3.4% as the Spanish fast-fashion retailer missed EBIT estimates
** Inditex's Q2 EBIT comes in at €2.09 billion ($2.43 billion), 3% below consensus, as cited by Jefferies and J.P. Morgan
** JPM says the miss was driven by a 20 bps y/y  rise in opex ratio, translating into a 5% miss on net income
** Including Wednesday's fall, the stock has dropped by 3% YTD
** Shares in Swedish peer H&M HMb.ST edge 1.3% lower
($1 = 0.8591 euros)

(Reporting by Javi West Larrañaga)
((javier.west@thomsonreuters.com; +34 918 35 61 12))