Company Earnings UpdateInditex (BME: ITX) FY16 Results: Continued Comp Strength Offset by Margin Erosion Coresight Research March 16, 2017 Executive Summary Inditex reported FY16 revenues of €23.3 billion, an increase of 11.5% over FY15 and broadly in line with analysts’ estimates. Comparable store sales in FY16 increased a strong 10% year over year. EBIT increased by 9.4% year over year to €4.1 billion, and FY16 EBIT margin contracted by 40 basis points year over year to 17.2%. For the trading period of February 1 to March 12, 2017, Inditex’s store and online sales increased by 13% year over year at constant currencies. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Analyst Corner: What Happened with US and China Consumer Sentiment on the Eve of Expected Tariffs? with John MercerEarnings Insights 4Q24, Week 1: Levi Strauss, P&G, Walgreens and Others Post Sales Growth, While Burberry and Kimberly-Clark Report DeclinesKroger and Instacart Expand Partnership To Advance Agentic Shopping and Accelerate Delivery EfficiencyWhat You Need to Know About US Tariffs and Consumers’ and Retailers’ Reactions—April 2025 Update
