Inditex Profit Beats Estimates on Online ExpansionThomas Mulier and Rodrigo Orihuela
Operating income rises 6%, sales gain 17% excluding currencies
Bernstein analyst says revenue growth is likely to decelerate
Inditex SA, the maker of Zara and Massimo Dutti clothing, reported first-quarter profit that beat analysts’ expectations as fashionistas bought more garments such as $36 jeans and $69 pink safari jackets online.
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