Investing.com - Inditex (MC:ITX) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Inditex announced earnings per share of €0.2867 on revenue of €6.99B. Analysts polled by Investing.com anticipated EPS of €0.2854 on revenue of €7.03B.
Inditex shares are up 13% from the beginning of the year and are trading at €29.595 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 17% from the start of the year.
Inditex shares lost 1.53% in intra-day trade following the report.
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