Spanish fashion retail group Inditex has reported a 6.8% rise in net profit in its interim first-half results, as its spring and summer collections supported sales across stores and online channels.
Net profit for the six months to 31 July 2026 reached €2.98bn ($3.46bn), up from €2.79bn a year ago.
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Net sales rose 7.6% to €19.75bn, or 9.2% in constant currency terms.
Earnings before interest, taxes, depreciation, and amortisation (EBITDA) increased 7.8% to €5.51bn, while net operating profit was up 7.6% to €3.84bn.
Gross profit reached €11.60bn, up 8.3%, taking gross margin to 58.7%, which was 40 basis points higher than in the first half of 2025.
Earnings per share were €0.956, compared with €0.896 a year earlier.
Within the group’s retail concepts, Zara, including Zara, Zara Home and Lefties, remained the biggest contributor, with net sales of €13.78bn versus €13.15bn in the prior-year period.
Bershka reported sales of €1.67bn, up from €1.43bn, and Stradivarius posted €1.57bn, compared with €1.32bn a year earlier.
Pull&Bear, Massimo Dutti and Oysho also recorded sales increases.
Inditex operated 5,444 stores as of 31 July 2026, down from 5,528 a year earlier.
Inditex CEO Óscar García Maceiras said: “These excellent results highlight the extraordinary capabilities of our teams. In a highly complex global environment, they have succeeded in delivering every day to our customers all around the world the products and fashion experience that they demand.
“Ambition, flexibility and innovation are key differentiating factors that reinforce Inditex’s long-term growth potential.”
For the full 2026 financial year, Inditex is forecasting annual gross space growth of around 5%, alongside a positive net contribution to store space and continued growth in online sales.
The group said currency movements are expected to cut sales by about 1% at current exchange rates, and that gross margin is expected to remain within 50 basis points of current levels.
