Inditex seen rising after 'solid and reassuring' results

Industria de Diseno Textil SA

11/03/2026 07:55

** Shares in fast fashion retailer Inditex ITX.MC are seen up between 3%-5% after its results and 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

** Up to Tuesday's close, shares were down about 7% since the start of the year

 (Reporting by Javi West Larrañaga)

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