Inditex Speeds Up: Posts 2.7% Growth in First Nine Months, Profits Climb 3.9%

Inditex slightly increases the evolution of its sales. The Spanish group closed the first nine months of the year with a 2.7% increase in sales, which is above the increase recorded in the first half of the year, although below the accumulated evolution in the first five weeks of the third quarter. Net income rose by 3.9%.

As reported by the company to the Comisión Nacional del Mercado de Valores (Cnmv, by its Spanish acronym), Inditex’s sales in the first nine months of the fiscal year (between February and October) amounted to €28.171 billion, compared to €27.422 billion in the same period of the previous fiscal year.

At constant exchange rates, sales grew by 6.2%, with an increase of 8.4% in the third quarter. The company maintains its currency impact forecast for the current year: at current exchange rates, it will account for 4% of sales.

Inditex closed the first nine months with a gross margin of 59.7%

Gross operating profit (ebitda) increased by 4.2% to €8.303 billion, compared to €7.967 billion in the first nine months of FY2024. EBITDA rose by 8.4% to €5.943 billion.

The company ended the period with net income of €4.622 billion, up 3.9% compared to €4.459 billion in the first three quarters of 2024.

Inditex’s gross margin at the end of the period was €16.811 billion, equivalent to 59.7% of sales, 27 basis points higher than at the end of the first nine months of the previous fiscal year.

Regarding the fourth quarter progress, Inditex has pointed out that “store and online sales at constant exchange rates between November 1st and December 1st, 2025 have grown by 10.6% compared to the same period of 2024”.

“Store and online sales at constant exchange rates between November 1st and December 1st,“ the company said

So far this year, the group has opened stores in 39 markets and closed the period with 5,527 stores worldwide, one less outlet than at the end of the first half of the year.

In physical stores, Zara has carried out openings such as Las Vegas Forum Shops at Ceasars Palace. This week, the Inditex chain will open in Charlotte (North Carolina, United States), as well as a Zara Man stand-alone store in Palazzo Verospi, Rome.

In October, Inditex started up the new Zara building in Arteixo (A Coruña). This building, of more than 2,150,780 square feet, houses the product teams of Zara Mujer and Zara Niño, and has sustainability and technology as key elements.