Inditex shares slide as slowing sales growth alarms investors

Shares in Zara owner Inditex sink despite record profit

Zara owner Inditex posted Wednesday another record annual profit but investor worries that sweeping US tariffs could hurt its growth prospects caused shares in the world's biggest fashion retailer to slide.

Zara parent Inditex's shares plunge 8% after a slow start to the year with reluctant shoppers and market uncertainty

Morningstar equity analyst Jelena Sokolova said it was “too early to extrapolate the slowdown into the future,” given Inditex’s 2024 performance.

Inditex captures all the looks of the market and it is not for good.It is that the action of the company that owns Zara and other brands suffers a fall of proportions in the Spanish stock market, dragging to the main index of that European square.After the opening, and in a difficult context due to the commercial war, the role of Inditex collapsed 8%, which means its greatest daily setback since the pandemic.According to CincoDías, this setback …

Inditex shares slide as slowing sales growth alarms investors

Figures for world’s biggest fashion retailer show lower rates in past five weeks

Inditex's stock exchange punishment after the presentation of its annual results.His shares have sunk on Wednesday 7.5%, up to 45 euros and have dragged down to the Ibex (-0.57% at the close of the session). It has been the biggest drop of the selective index and the second of the entire stock market, after announcing his third consecutive record profit in fiscal year 2024: his profits have increased 9% to exceed 5,870 million euros. The firm ba…

Inditex shares sink 8% as Zara owner posts fourth-quarter sales jump but points to slowdown

Zara owner Inditex on Wednesday posted a rise in fourth-quarter sales that met expectations but pointed to a slowdown in demand at the start of the year.