Modehändler: Zalando mit Zahlen unter Erwartungen – Aktie unter Druck
Der Online-Modehändler hat im zweiten Quartal weniger Umsatz erzielt und verdient als erwartet. Auch belasteten die Kosten für die Integration von About You. Die Aktie fällt vorbörslich.
Frankfurt - Zalando's latest quarterly results have fallen short of market expectations, causing the company's shares to come under pressure on Tuesday. The online fashion retailer appeared more cautious about prospects for the full year during a conference call with investors. Both gross merchandise volume (GMV) and group sales growth are expected to fall within the lower end of the forecasted range of 12 to 17 percent.
The company narrowed its outlook for operating profit to between 680 million and 720 million euros, down from the previous range of 660 million to 740 million euros. "The finalization of the yearly forecast reflects the first-half results and not revised expectations for the rest of the year," the company said. Zalando's share price fell by 11 percent to 25.90 euros in pre-market trading on Tradegate, compared to the Xetra closing price.
This means that some of the gains made since mid-May have been erased. GMV and sales both grew by nearly 21 percent to 4.92 and 3.42 billion euros respectively in the past quarter. The key growth driver was the corporate customer business. However, the adjusted operating profit improved by around 10 percent to 204.8 million euros, as costs related to the integration of the acquired competitor About You took their toll.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
