The logo of fashion retailer Zalando is displayed on its headquarters in Berlin, Germany, November 13, 2025. REUTERS
March 12 (Reuters) – European online fashion retailer Zalando said on Thursday it expects its full-year adjusted operating profit to be above last year’s level, driven by underlying improvements in its stand-alone business.
The company expects adjusted earnings before interest and taxes (EBIT) of 660 million to 740 million euros ($762 million -$854 million) in 2026, compared with 591 million euros a year earlier.
The Berlin-based company expects gross merchandise volume growth of 12% to 17% in 2026, compared to 17.56 billion euros last year.
Zalando shares were trading around 20 euros as of Thursday – a fifth of the peak reached in 2021. The stock was down 20% since the start of the year.
The company said it will also repurchase up to 20 million shares with a total price of up to 300 million euros.
($1 = 0.8666 euros)
Reporting by Ozan Ergenay and Helen Reid, editing by Matt Scuffham
