Inditex H1 Profit Rises On Strong LFL Sales, But Margin Down; Stock Dips

Spanish fashion retailer Industria de Dise¤o Textil SA or Inditex reported Wednesday higher profit in its first half with strong like-for-like sales growth growth. EBITDA, a key earnings metric, improved 9 percent, while gross margin declined. Inditex shares were losing around 3 percent in the morning trading.

from RTT - Earnings http://ift.tt/2xmjXZJ
via IFTTT