Hugo Boss falls 10% as 2026 forecasts point to challenging year ahead; European markets end higher [MSNBC.com]
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NASDAQ:AMEX Investor Relations:
inditex.com/investors/investor-relations/share-capital
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Source: MSNBC.com
LONDON — European stocks finished positiveThe pan-EuropeanStoxx 600The advance comesafter major U.S. indexes recovered in Tuesday's trading sessionAsia-Pacific marketsWall Street's gains came on Tuesday as tech stocks such asNvidialogged its worst dayS&P 500Dow Jonespositive territoryLooking at individual stocks, Zara's parent companyInditexThe fast-fashion group — which also owns brands Bershka, Massimo Dutti, Oysho, Pull & Bear and Stradivarius — said currency-adjusted sales rose 8.4% year-on-year to 9.8 billion euros ($11.4 billion) in the quarter, while earnings before interest, taxes, depreciation and amortization grew 8.9% to 3.2 billion euros.The firm's Madrid-listed shares have trailed the Stoxx 600 this year, down nearly 7% year-to-date coming into Wednesday's trading session, amid increased competition from low-cost brands like China's Shein and Temu."This is a very impressive set of results from Inditex, with strong trading in the second part of [the third quarter]," Barcla
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