|Bid||35.14 x 0|
|Ask||36.94 x 0|
|Day's range||35.02 - 37.67|
|52-week range||29.98 - 105.85|
|Beta (5Y monthly)||1.08|
|PE ratio (TTM)||34.39|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
BERLIN (Reuters) -Zalando posted a decline in sales for the first time since the German online fashion retailer was founded, leading it to dim its outlook for 2022 on Thursday. "The main issue is that people just aren't into buying fashion," said co-Chief Executive Officer Robert Gentz with a view to high inflation and the war in Ukraine. Zalando now sees 2022 sales growth coming in at the lower end of the forecast range of 12% to 19%, and adjusted earnings before interest and taxes would at the lower end of the expected range of 430 million to 510 million euros.
DGAP-News: Zalando SE / Key word(s): Quarter ResultsZalando SE: Zalando deepens customer relationships in first quarter 05.05.2022 / 07:00 The issuer is solely responsible for the content of this announcement.Zalando deepens customer relationships in first quarter Gross Merchandise Volume (GMV) of 3.2 billion euros (+1%) in the first quarter Strong growth in share of Partner Business, now 32% of Fashion Store GMV Revenue of 2.2 billion euros (-1.5% YoY), adjusted EBIT of -51.8 million euros Conf
BERLIN (Reuters) -German online fashion retailer Zalando said on Tuesday it expects sales growth to slow in 2022 after the coronavirus pandemic helped it record a bumper year in 2021, when sales jumped almost 30% to 10.4 billion euros ($11.64 billion). For 2022, Zalando forecast sales would rise 12%-19% to between 11.6 billion euros and 12.3 billion euros, and adjusted operating profit to be 430 million euros to 510 million euros, compared with 468 million in 2021. Zalando said its outlook did not take into account likely negative effects from the war in Ukraine.