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Zalando SE (ZAL.DE)

XETRA - XETRA Delayed Price. Currency in EUR
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22.28+0.61 (+2.81%)
At close: 05:35PM CET
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Previous close21.67
Bid0.00 x 28600
Ask0.00 x 25500
Day's range21.66 - 22.47
52-week range19.89 - 45.81
Avg. volume1,475,517
Market cap5.77B
Beta (5Y monthly)1.70
PE ratio (TTM)53.05
EPS (TTM)0.42
Earnings date02 Nov 2023
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est36.09
  • Reuters

    Zalando sees end-year clothing demand staying weak

    LONDON (Reuters) -Europe's biggest online fashion retailer, Zalando, sees continued pressure on demand for the rest of the year and now expects 2023 sales to decline, the company said on Thursday as it reported weaker than expected third-quarter revenue. Zalando, a multi-brand platform that sells clothes, shoes, and accessories, has been hurt by a pullback in online shopping after a COVID-19 pandemic-era boom, a trend that has also bruised smaller online-only retailers like ASOS and Boohoo. Zalando now expects 2023 revenue to fall by between 0.5% and 3%, having previously guided to a 1% decline at worst.

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