Inditex showing its strength with continued growth

The Spanish fashion giant reported a very strong 36% growth for the Q1/2022. The growth is remarkable when taking into account that Q1/2021 with +49,6% was the first growth quarter after Covid restrictions. Strong growth on top of that kind of growth is a sign of strong company. Two year growth to pre-pandemic Q1/2020 is 104%.

Inditex has been able to double its revenue compared to the pre-pandemic Inditex.

The strong growth is coming with a high Gross margin of 60% and 11,3% net margin, which is a bit below normal Q1 levels.