Inditex rises after 'solid' update points to good start of year

Industria de Diseno Textil SA

11/03/2026 08:14

Updates with market move, adds milestone in sixth bullet

** Shares in Zara-owner Inditex ITX.MC rise about 4% after its trading update pointed to a good start to the new fiscal year

** "This is a solid and reassuring update from Inditex, which we expect to at least support the shares today," J.P. Morgan says

** The world's biggest fast fashion company said currency-adjusted sales grew 9% between February 1 and March 8, meeting analysts' expectations

   ** According to RBC, the update regarding recent trading shows a "good start" to the fiscal year

** "Recent trading is very solid with Spring/Summer collections well received by customers," the brokerage says

** The stock is at the top of Spain's IBEX-35 .IBEX and among the best performers of the Europe-wide STOXX 600 .STOXX

** Including the session's rise, shares are down about 3% since the start of the year

 (Reporting by Javi West Larrañaga)

 ((javier.west@thomsonreuters.com; +34 918 35 61 12))