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Zalando SE (ZAL.DE)
| Previous close | 26.51 |
| Open | 26.27 |
| Bid | 25.26 x 28600 |
| Ask | 25.27 x 25500 |
| Day's range | 24.93 - 26.38 |
| 52-week range | 15.95 - 32.45 |
| Volume | |
| Avg. volume | 1,528,686 |
| Market cap | 6.554B |
| Beta (5Y monthly) | 1.61 |
| PE ratio (TTM) | 78.62 |
| EPS (TTM) | 0.32 |
| Earnings date | 06 Aug 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 36.09 |
ReutersZalando sees sportswear opportunity in Euros and Olympics
While Zalando's overall customer numbers fell in the first quarter, Chief Financial Officer Sandra Dembeck said the number of shoppers and the spend per person both grew in sportswear. Along with beauty and children's wear, sports was the strongest segment for Zalando, which reported its multi-brand marketplace returned to growth on Tuesday.
ReutersOnline retailer Zalando returns to growth thanks to premium brands
(Reuters) -Online fashion marketplace Zalando returned to growth in the first quarter after three consecutive declines in gross merchandise volume, as bets on more premium brands and its business servicing other retailers paid off. While fast-fashion retailer Shein is a threat to Zalando's revenues and customer numbers, Chief Financial Officer Sandra Dembeck said the company does not want to compete on price, instead trying to differentiate itself with a range of higher-priced brands such as On Running, which it recently added. "We do not want to compete in the ultra fast fashion, ultra low price point segment," Dembeck said in a press conference.
- Reuters
UPDATE 1-Zalando challenges supervisory fee for EU online content rules, third such lawsuit
German online fashion retailer Zalando has challenged a supervisory fee aimed at covering EU regulators' costs of monitoring compliance with new European Union tech rules, the third company to take EU tech enforcers to court on the matter. Zalando said it disagreed with the European Commission's fee calculation methodology and wants more transparency on this. It said the regulator had determined its fee based on 47.5 million monthly active users while it designated Zalando as a very large online platform based on 83 million monthly visitors.
