Inditex profit rises as spring/summer collection boosts sales

ZARA-owner Inditex reported gross profit of €5.4 billion (£4.6 billion) in its first quarter of fiscal 2026, a 6.9% increase year-on-year for the three months ended 30 April 2026.

The Spanish fashion group, which operates ZARA, Massimo Dutti and Pull&Bear, among other brands, shared that its spring/summer collection has been very well received by customers, with sales growing 5.8% in the first quarter, reaching €8.7 billion (£7.51 billion).

Its EBITDA increased by 7.3% to €2.6 billion (£2.24 billion), with its net income increasing 5.4% to reach €1.4 billion (£1.21 billion).

For the second quarter of 2026, Inditex maintained a positive outlook, reporting that store and online sales rose by 11.5% in constant currency between 1 May and 1 June 2026 compared with the same period last year.

Throughout Q1, the group focused on improving its store network by undertaking refurbishments, relocations, new openings and absorptions across 44 markets, and it highlighted that in the next quarter growth would be underpinned by its continued investment in its stores.

One of the newest additions to Inditex's 5,456-strong store portfolio is budget fashion and lifestyle brand Lefties, which has signed for a third UK store at Gateshead’s Metrocentre, adding to the first two UK stores it will open later this year.

The group's youth-focused brands Stradivarius and Pull&Bear have also recently opened neighbouring stores at the Sheffield-based Meadowhall shopping centre, joining sister labels Zara and Bershka.

These latest results follow Inditex's upbeat results for the full year 2025, which saw sales growing 3.2% to reach €39.9 billion (£34.5 billion), up 7% compared with 2024 at constant currency rates.

The group also reported positive sales growth in all areas, including across stores and product categories in 2025, with online sales specifically growing 4.8% to reach €10.7 billion (£9.2 billion).