Inditex shares sink 8% as Zara owner posts fourth-quarter sales jump but points to slowdown
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Inditex, the owner of Zara, reported a year-on-year increase in fourth-quarter sales, meeting expectations. However, the company indicated a slight slowdown in first-quarter sales, leading to an 8% drop in its shares.
March 12, 2025 | 9:00 am
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Inditex's shares fell 8% after reporting a Q4 sales increase but warning of a Q1 slowdown.
The 8% drop in Inditex's shares is a direct reaction to the company's announcement of a potential slowdown in Q1 sales, despite meeting Q4 expectations. This indicates investor concern over future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100