Company Earnings UpdateZalando (XTRA: ZAL) 3Q17 Results: Investment in Logistics and Technology Impacts Profitability Coresight Research November 8, 2017 Executive Summary Zalando reported 3Q17 revenues of €1,074.7 million, up 28.7% year over year, and in line with the consensus estimate of €1,074.0 million. Adjusted EBIT came in at €0.4 million versus the consensus estimate of €3.2 million, corresponding to an adjusted EBIT margin of 0.0%. A one-million increase in the number active customers in 3Q17 and faster revenue growth in the DACH region helped drive up revenues in the quarter. At the same time, however, the company’s focus on investment in logistics and technology affected profitability. Due to a weaker-than-expected operating profit in 3Q17, Zalando revised its expectations for FY17 adjusted EBIT margin, to just under 5.0%. 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: Weekly UK Store Openings and Closures Tracker 2025, Week 27: Store Closures Up 8% Year Over YearResilience Now: Turn Tariff Uncertainty into Opportunity Using AICanada Store Openings and Closures Tracker 2025: Bankrupt Hudson’s Bay Company Takes Total Closures Ahead of OpeningsWeekly UK Store Openings and Closures Tracker 2025, Week 49: Claire’s Closes 150 Stores; Oliver Bonas To Open 20 Stores
