Company Earnings UpdateZalando (XTRA: ZAL) FY17 Results: Price Pressures and Higher Fulfillment Costs Weigh on Margins Coresight Research March 2, 2018 Executive Summary In FY17, Zalando grew revenues by 23.4%, toward the upper end of the guided range. It grew gross merchandise volumes (GMV) by 26.5%. Price competition in some European markets, coupled with higher fulfillment costs, depressed margins. Net profit fell by 15.7% versus analyst estimates of a 2% increase. 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: US Consumers’ Perceptions of Tariffs: Data GraphicRetailTech: Empowering Retail’s Front Line, Creating Smarter Stores—Five Tech-Driven Strategies for Associate EnablementAnalyst Corner: How Is AI Shaping MarTech?—Transforming Your Strategy via Agentic AI, with Manik BhatiaAnalyst Corner: Three Key Predictions for India Retail in 2025, with Sujeet Naik