Inditex’s net sales reached 2,665 million euros in the Q1

June 14, 2010 at 1:51 pm Leave a comment

  • Store sales in local currencies increased by 13% between 1 February and 7 June
  • At the end of the first quarter, the Group had more than 4,700 stores in 76 countries

Inditex net sales totalled 2,665 million Euros in the first quarter (1 February to 30 April) of its fiscal year 2010, 14% higher than the same period a year earlier.

Net income amounted to 301 million euros, an increase of 63% from the same period in 2009. The company’s gross profit rose by 20%, to 1,598 million euros, leaving the gross margin at 59.9% of sales.

Source Link : Fibashion.com

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