|Bid||42.53 x 28600|
|Ask||42.55 x 25500|
|Day's Range||42.12 - 43.03|
|52 Week Range||20.99 - 48.31|
|Beta (5Y Monthly)||1.28|
|PE Ratio (TTM)||155.24|
|Earnings Date||Feb 27, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||37.18|
Today I will examine Zalando SE's (XTRA:ZAL) latest earnings update (30 September 2019) and compare these figures...
Zalando, Europe's biggest online-only fashion retailer, has rejected accusations that a performance management tool that asks employees to give feedback on each other and ranks them accordingly increases stress and infringes privacy. In a study published on Wednesday, the Hans Boeckler Foundation, a research body close to the German trade union federation, said Zalando's Zonar software had damaged the working environment without necessarily improving performance. Data privacy and colleague feedback are sensitive issues in Germany after the Stasi encouraged workers to inform on each other in the former Communist East.
Online fashion retailer Zalando on Thursday reported its strongest quarterly sales growth in two years and more than 1 billion visits to its portal, helped by a new loyalty scheme in Germany and rapid expansion in Spain, the Nordics and the Czech Republic. Third-quarter adjusted earnings before interest and tax (EBIT) came in at 6.3 million euros ($7.03 million), from a loss of 38.9 million a year ago. Zalando shares were up 3.1% in pre-market trade.
Zalando, Europe's biggest online-only fashion retailer, set a goal on Tuesday for women to hold at least 40% of top management jobs by the end of 2023 after facing criticism for its all-male management board and lack of diversity targets. The Berlin-based company, whose customers are disproportionately women, said it was aiming for a balanced representation of women and men in its top six management levels by 2023 and was also paying attention to non-binary genders. To help it reach the goal, Zalando said it would make changes to its decision-making bodies and committees, change hiring practices and work on succession planning.
Today we'll evaluate Zalando SE (ETR:ZAL) to determine whether it could have potential as an investment idea. In...
Online retailer Zalando is just the kind of fast-growing German business with foreign expansion plans that Deutsche Bank Chief Executive Christian Sewing needs to help drive the struggling lender's recovery. In an attempt to draw a line under years of scandals and heavy losses, Sewing is pulling back from investment banking and rebuilding Deutsche Bank's corporate division by deepening existing relationships and attracting clients beyond its traditional blue-chip customers. "Deutsche Bank is a systemically relevant bank but, nevertheless, we see a possible risk and are trying to the best of our knowledge to mitigate the risk and to have a good sleep at night," Dominika Kilka-Roth, who heads Zalando's risk management, told Reuters.
Online fashion retailer Zalando has launched a pilot to deliver orders placed by customers in Paris on the website of Adidas as it extends moves to allow brands to use the logistics network it has built for its own ecommerce business. The pilot is the first time the German firm is delivering goods not ordered on its own site and marks an expansion of its platform strategy under which it charges brands a commission to list on its website rather than selling the products itself. "It is a win-win situation for us," Jan Bartels, Zalando senior vice president for customer fulfillment, told Reuters.
(Bloomberg) -- Zalando SE lost money for the first five years of its existence, then in 2014 it turned a corner and began posting a profit every year. Evidence suggests meal kit startup HelloFresh SE is following a similar path.The Berlin-based food company is optimistic it can generate a group-wide operating profit this year and sustain and expand profitability in the years to come, Chief Executive Officer Dominik Richter said in an interview on Tuesday. HelloFresh shares rose the most since January in early Frankfurt trading.HelloFresh can “generate much higher profit levels than other e-commerce companies,” because the company controls the entire value chain -- from branded retail to wholesale to logistics, Richter said.The company, which assembles ingredients into boxed meal kits and seeks to convince customers of the benefits of cooking at home, earlier Tuesday reported its first quarterly operating profit, in the April-June period, after sales growth across its markets.The results are “significantly better than what we expected,” Deutsche Bank analysts Nizla Naizer and Silvia Cuneo wrote in a note to clients. They mark “a key turning point for the group in our view.”HelloFresh rose as much as 17.7%, the steepest intraday gain since Jan. 18.The Berlin-based startup is especially strong in the U.S., its biggest market, where it’s surpassed Blue Apron Holdings Inc., expanded its choice of meals, and this week started a special “date night” kit in a marketing partnership with businesswoman and actress Jessica Alba.To contact the reporter on this story: Stefan Nicola in Berlin at firstname.lastname@example.orgTo contact the editors responsible for this story: Rebecca Penty at email@example.com, Nate LanxonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Online fashion retailer Zalando raised its profit guidance on Thursday after a big jump in visits to its website, with the company citing efforts to provide a best-in-class fashion experience and more speedy delivery options. The Zalando news helped to lift other fashion stocks, such as H&M, while Next and Puma extended gains recorded on Wednesday when both reported strong results. Zalando, Europe's biggest online-only fashion retailer, has been trying to counter a squeeze on profitability as it has invested heavily in logistics to speed delivery.
By buying an index fund, investors can approximate the average market return. But if you buy good businesses at...
Berlin-based personalised fashion start-ups Outfittery and Modomoto are merging in an effort to accelerate growth in Europe, where they compete with online-only retailer Zalando's own bespoke clothing business. Seven-year-old Outfittery is tying up with the smaller Modomoto in an all-share deal, expanding the online menswear business that in effect works as a personal shopper for its growing customer base. Julia Boesch, co-founder and CEO of Outfittery, will head the combined company, which she said would be "the European leader in personalised fashion shopping".