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Zalando SE (ZLDSF)
| Previous close | 24.05 |
| Open | 26.73 |
| Bid | N/A x N/A |
| Ask | N/A x N/A |
| Day's range | 25.76 - 26.98 |
| 52-week range | 24.05 - 120.64 |
| Volume | |
| Avg. volume | 212 |
| Market cap | 6.642B |
| Beta (5Y monthly) | 1.14 |
| PE ratio (TTM) | 47.79 |
| EPS (TTM) | 0.54 |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Financial Times
Zalando warning sends shares below 2014 listing price before late revival
Shares in Zalando plunged almost a fifth on Friday before staging a late recovery after Europe’s largest online fashion retailer slashed its outlook for the year as consumers retrench amid deepening recession fears. This followed a much weaker second quarter than expected, an abrupt reversal from just four months ago when Zalando forecast growth of 12 to 19 per cent. In a bleak warning issued after markets closed on Thursday, Zalando said that “management now expects macroeconomic challenges to be longer-lasting and more intense than previously anticipated”.
- Reuters
European retail shares slide to lowest since outbreak of COVID crisis in 2020
European retail stocks fell on Friday to their lowest level since the onset of the COVID-19 pandemic in 2020, hit by a profit warning from online fashion retailer Zalando and data showing consumer confidence in Britain has hit a record low. The STOXX 600 retail sector, poised for its fourth consecutive week of declines, hit its lowest level since March 2020. Shares of German retailer Zalando plunged to a December 2018 low after the company on Thursday warned of weaker second quarter and cut 2022 outlook on deteriorating macro conditions.
