Earnings Alerts

Industria De Diseno Textil SA (ITX) Earnings: Inditex 9M EBIT Misses Estimates with Lower Margins and Sales

By December 11, 2024 No Comments
  • Inditex’s Earnings Before Interest and Taxes (Ebit) reached €5.67 billion, slightly below the estimated €5.8 billion.
  • The company’s Ebit margin came in at 20.7%.
  • Net sales were €27.42 billion, missing the estimated €27.6 billion.
  • Earnings Before Interest, Taxes, Depreciation, and Amortization (Ebitda) totaled €7.97 billion, falling short of the €8.08 billion estimate.
  • The Ebitda margin was recorded at 29.1%, below the projected 31.7% margin.
  • Gross profit was reported at €16.29 billion, compared to the expected €16.43 billion.
  • The gross margin stood at 59.4%, underperforming the anticipated 61.8%.
  • Analyst recommendations include 16 buys, 13 holds, and 3 sells for Inditex.

A look at Industria De Diseno Textil SA Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience5
Momentum5
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Industria De Diseno Textil SA, a company that designs, manufactures, and distributes apparel across various continents, is positioned for a promising long-term outlook based on its Smartkarma Smart Scores. With an impressive score of 5 in Growth, Resilience, and Momentum, the company is showing strong potential for expansion, adaptability to challenges, and positive stock price performance. These factors indicate a robust foundation for sustained growth and profitability in the future.

The moderate scores of 2 in both Value and Dividend suggest that Industria De Diseno Textil SA may not be currently undervalued or offering high dividend yields. However, the high scores in Growth, Resilience, and Momentum outweigh these concerns, indicating a positive overall outlook for the company’s future performance and market position.

Summary: Industria de Diseno Textil, S.A. is a company that designs, manufactures, and distributes apparel worldwide, operating retail chains in Europe, the Americas, Asia, and Africa.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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