Zara Owner's Sales Meets Expectations
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Spanish retailerCNBC
•Business
Business & Economics
Inditex shares sink 8% as Zara owner posts fourth-quarter sales jump but points to slowdown

86% Informative
Zara owner Inditex posted a year-on-year rise in fourth-quarter sales that met expectations.
Spanish retailer reported revenues of 11.21 billion euros [ $12.2 billion ] in the three-month period.
Full-year sales rose 10.5% in currency-neutral terms to total 38.63 billion euros in 2024 .
Shares were down 8.2% by 8:34 a.m. time.
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