Zara owner Inditex reports better start to autumn sales, boosting shares [BNN Bloomberg (Canada)]
ASSOCIATED BRI/F UNSP/ADR (ASBFY)
NASDAQ:AMEX Investor Relations:
abf.co.uk/investorrelations
Company Research
Source: BNN Bloomberg
Sales from Aug. 1 to Sept. 8 grew nine per cent in currency-adjusted terms compared to a year ago, picking up in pace from 5.1 per cent growth over the first half. Shares in Inditex, which have fallen this year, gained 6% in early trading. The start to the third quarter was an improvement after sales for the second quarter ended July 31 came in at 10.08 billion euros (US$11.81 billion), below the 10.26 billion euros expected by analysts, according to an LSEG estimate. A weaker U.S. dollar was partly to blame, as Inditex said currency changes would erode sales by four per cent in 2025, more than the three per cent impact it previously expected. A weaker dollar means sales in the U.S. - Inditex's second-biggest market by revenue after Spain - are worth less in euro terms. “Even without the currency impact, sales growth was slightly worse than we were expecting,” said Sara Herrando Deprit, analyst at Kutxabank Investment. However, she added, “the second half of the year is the i
Show less
Read more
Impact Snapshot
Event Time:
ASBFY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ASBFY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ASBFY alerts
High impacting ASSOCIATED BRI/F UNSP/ADR news events
Weekly update
A roundup of the hottest topics
ASBFY
News
- My dad prioritized experiences over possessions. Because of this, our family has traveled to 20 countries together. [Business Insider]Business Insider
- No Praise Needed for Primark's Sustainability Gains, Interim CEO Says [Yahoo! Finance]Yahoo! Finance
- [Latest] Global Dairy Herd Management Market Size/Share Worth USD 15.23 Billion by 2034 at a 11.37% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth Rate, Value, SWOT Analysis) [Yahoo! Finance]Latest
- Primark to resume German expansion with smaller, targeted stores [Yahoo! Finance]Yahoo! Finance
- Fashion Council Germany Takes Aim At Shein By Targeting Teen Shoppers [Forbes]Forbes