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Home BusinessZalando expects 2026 growth at lower end of range, narrows profit outlook

Zalando expects 2026 growth at lower end of range, narrows profit outlook

by Ainam
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BERLIN, Aug 4(Reuters) – Top European online ​fashion retailer Zalando (ZALG.DE), on Tuesday ‌said it expected 2026 growth to reach the lower half of its ​previously communicated range and ​narrowed its adjusted operating profit (EBIT) guidance ⁠alongside its second quarter results.The ​company now expects both annual ​gross merchandise volume (GMV) and revenue growth in the lower half of its previous ​12% to 17% range on ​a reported basis, “in line with market expectations”, ‌it ⁠said.The guidance was adjusted to reflect performance in the first half and did not imply a ​change in ​expectations for ⁠the rest of the year, Zalando said in ​a statement.It now anticipates ​adjusted ⁠EBIT for the year to be between €680 million and €720 million ($782-829 million) ⁠from ​a previously targeted range ​of €660 million to €740 million.

($1 = 0.8690 euros)

Reporting by ​Linda Pasquini; editing by Miranda Murray.

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