Strong Sales Growth
Sales in constant currency increased by 6.2% in the first 9 months of 2025, with a 4.9% growth in Q3 despite currency headwinds. Store and online sales between November 1st and December 1st grew by 10.6%.
Profit and Margin Improvements
Profit before tax increased by 3.6% to EUR 6 billion, and net income grew by 3.9% to EUR 4.6 billion. Gross margin reached 59.7%, with operating leverage of 29 basis points over 9 months.
Global Expansion and Market Penetration
The company opened stores in 39 markets, including Bershka's entry into Denmark and Oysho's expansion in Europe. Inditex continues to operate in 214 markets with significant growth opportunities.
Diversification and Resilience
Inditex benefits from diversification across concepts, channels, geographies, and sourcing markets, contributing to its business model resilience.
Logistics and Technology Investments
The company is executing a 2-year logistics expansion plan with EUR 1.8 billion investment aimed at increasing capacities and efficiency. New security technology is also being rolled out across concepts.