Inditex Reports Strong First-Half 2026 Sales Growth of 7.6 Percent

Inditex, the parent company of Zara and other fashion brands, reported strong first-half 2026 financial results, with sales growing 7.6 percent to EUR 19.8 billion. As of October 2, 2026, the company's stock was trading at EUR 53.24 on the BME. The sales growth was even more impressive in constant currency terms, rising 9.2 percent, indicating that currency fluctuations slightly dampened the reported growth rate.

Net income for the first half of 2026 increased 6.8 percent to EUR 3.0 billion, while EBITDA grew 7.8 percent to EUR 5.5 billion and EBIT rose 7.6 percent to EUR 3.8 billion. Gross profit saw an 8.3 percent increase to EUR 11.6 billion, outpacing sales growth. The gross margin improved to 58.7 percent, up 40 basis points from the same period in 2025. Operating expenses also increased by 8.3 percent, matching gross profit growth, highlighting the importance of cost control moving forward.

Looking ahead to the autumn trading season, Inditex reported that store and online sales in constant currency rose 9 percent between August 1 and September 7, 2026. This provides a solid indicator of consumer demand ahead of the company's nine-month results, scheduled for December 2, 2026. Analysts remain bullish, with a Buy consensus from 24 analysts and an average 12-month target price of EUR 60.39, suggesting a potential upside of 13.43 percent from the current stock price.

As of October 2, 2026, Inditex's stock was trading within a 52-week range of EUR 46.07 to EUR 59.42, currently sitting 10.40 percent below its yearly high. The company's market capitalization stood at EUR 165.9 billion, with a trading volume of 2,217,141 shares. The ex-dividend date is set for October 29, 2026.