83 029
Fashion Jobs
BLOOMINGDALE'S
Asset Protection Visual Security Officer, Part Time - Norwalk
Permanent · NORWALK
BELK
Store Fulfillment Associate - Full Time
Permanent · FRANKLIN
BELK
Asset Protection Lead - Full Time
Permanent · AUBURN
BELK
Store Fulfillment Associate - Full Time
Permanent · SAVANNAH
BELK
Store Fulfillment Associate - Part Time - Independence Mall
Permanent · WILMINGTON
BELK
Asset Protection Associate - Full Time
Permanent · ROCKY MOUNT
BELK
Store Fulfillment Associate - Part Time - Coastal Grand
Permanent · MYRTLE BEACH
BELK
Store Fulfillment Associate - Full Time - Bridgestreet
Permanent · HUNTSVILLE
BELK
Store Fulfillment Associate - Full Time
Permanent · TUPELO
BELK
Store Fulfillment Associate - Part Time
Permanent · SAVANNAH
BELK
Asset Protection Manager - Triangle
Permanent · RALEIGH
ALO YOGA
Construction Project Manager
Permanent · LOS ANGELES
SUN VALLEY
Sun Valley Marketing Manager
Permanent · SUN VALLEY
LULULEMON
Community Specialist | (Contract) Market Street The Woodlands
Permanent · THE WOODLANDS
LULULEMON
Community Specialist | Orlando Premium Outlet
Permanent · ORLANDO
LULULEMON
Full-Time Community Specialist | Cumberland Mall
Permanent · ATLANTA
FOSSIL
Dam/Dynamic Media Administrator
Permanent ·
KOHLS
Operations Supervisor - Weekend Days
Permanent · PLAINFIELD
KOHLS
Technical Project Manager
Permanent · MENOMONEE FALLS
KOHLS
Loss Prevention Associate
Permanent · FINDLAY
NAVY EXCHANGE
Vending Route Driver (Operations Worker) FT w/Benefits
Permanent · BREMERTON
NAVY EXCHANGE
Asset Protection/Safety Investigator (Detective) FT w/Benefits
Permanent · BREMERTON
By
Reuters
Published
Dec 11, 2008
Download
Download the article
Print
Text size

Inditex 9-mo net profit up 2 pct, misses forecast

By
Reuters
Published
Dec 11, 2008

* Nine-month net profit 843 mln euros ($1.2 billion)

* Misses analysts' expectations of 865.4 million euros

* Q4 sales so far show same growth patterns as Q3

MADRID, Dec 11 (Reuters) - Zara fashion store owner Inditex reported nine-month net profit up 2 percent on Thursday boosted by the aggressive store opening rate of Europe's biggest clothing retailer.


Zara fall-winter 2008/2009

Inditex reported net profit of 843 million euros for the three months to end-October, missing the forecast of a Reuters poll of 11 analysts of 865.4 million euros.

Earnings before interest, tax, depreciation and amortisation (EBITDA) came in at 1,545 million euros on sales of 7.35 billion euros, up 11 percent.

Sales in the first six weeks of the fourth quarter showed the same patterns of growth as the third quarter, Inditex, whose financial year starts in February, said.

Inditex is due to give a conference call for analysts at 0900 GMT.

Investors will look for any indications of how a sharp drop in consumer demand worldwide has affected sales in the group's branded stores which range from upmarket Massimo Dutti to teen fashion offering Bershka.

Economists expect Spain, accounting for around 35 percent of Inditex's business, to enter recession this year.

© Thomson Reuters 2024 All rights reserved.