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Industria de Diseno Textil (IDEXY)
OTHER OTC:IDEXY
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Earnings Data
Report Date
Mar 12, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.23Last Year’s EPS
0.22Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Dec 12, 2018
|% Change Since: -8.71%
|Next Earnings Date:Sep 12, 2018
Earnings Call Sentiment|Positive
The earnings call reflects a strong overall performance with significant sales growth, robust operational metrics, and successful expansion efforts. Despite some currency challenges, the company's strategic initiatives and positive customer reception underline a positive outlook.Company Guidance
During the interim nine months of 2024, Inditex demonstrated robust financial performance with sales in constant currency increasing by 10.5%, while net sales grew by 7.1% to €27.4 billion. The company maintained healthy margins, with profit before tax rising by 9.9% to €5.8 billion and net income increasing by 8.5% to €4.4 billion. EBITDA saw a growth of 7.2%, reaching €8 billion. The gross margin was reported at 59.4%, reflecting a 7.2% increase in gross profit to €16.3 billion. Inditex's net cash position also improved by 3%, reaching €11.8 billion. The company continues to invest in its business, with a planned capital expenditure of approximately €1.8 billion for 2024, primarily aimed at optimizing commercial space and enhancing online platforms. Store and online sales from November 1 to December 9, 2024, grew by 9% in constant currency. Inditex remains focused on its strategic pillars, including fashion innovation, customer experience, sustainability, and leveraging its global presence in 214 markets for growth.Sales and Revenue Growth
Sales in constant currency grew 10.5%, with net sales increasing 7.1% to reach €27.4 billion. Profit before taxes increased 9.9% to €5.8 billion, and net income increased 8.5% to €4.4 billion.
Strong Operational Performance
Inditex operated with healthy margins and controlled cost management, resulting in a gross margin of 59.4%. EBITDA grew 7.2% to €8 billion, and the net cash position grew 3% to €11.8 billion.
Expansion and Store Openings
Inditex opened stores in 45 different markets and continued the rollout of concepts in new markets, including Massimo Dutti in Miami and Stradivarius in Berlin.
Sustainability Initiatives
Investment in Epoch Biodesign for textile-to-textile circularity and the development of new raw materials. The Sustainability Innovation Hub works with over 350 start-ups.
Positive Customer Reception
Autumn/Winter collections were well-received, with store and online sales growing 9% between November 1 and December 9, 2024.
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IDEXY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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IDEXY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Dec 11, 2024 | $28.70 | $26.86 | -6.41% |
| Sep 11, 2024 | $25.36 | $26.72 | +5.36% |
| Jun 05, 2024 | $23.82 | $24.66 | +3.53% |
| Mar 13, 2024 | $22.00 | $23.70 | +7.73% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Industria de Diseno Textil (IDEXY) report earnings?
Industria de Diseno Textil (IDEXY) is schdueled to report earning on Mar 12, 2025, TBA Not Confirmed.
What is Industria de Diseno Textil (IDEXY) earnings time?
Industria de Diseno Textil (IDEXY) earnings time is at Mar 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is IDEXY EPS forecast?
IDEXY EPS forecast for the fiscal quarter 2024 (Q4) is 0.23.
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