Zara owner Inditex reports strong start to summer trading
03/06/2026 06:33
Zara owner Inditex reports strong start to summer trading June 3 (Reuters) - Zara owner Inditex had a strong start to summer trading with currency-adjusted sales growth of 11.5% in May, beating analysts' expectations, and said its sales grew 8.8% in currency-adjusted terms over its first quarter running from February to April.
The stronger-than-expected sales growth for the start of its second quarter should help reassure investors that the fast fashion giant, whose shares have fallen since the start of the year, can keep attracting shoppers despite the Iran war-driven energy crisis pushing up the cost of living.
(Reporting by Helen Reid; Editing by David Latona)