Zalando reports higher third-quarter sales and profit
AI · First reported 3 Nov, 07:53 · Updated 07:55
Zalando said third-quarter revenue rose 5.1% to £2.8bn and adjusted operating profit increased 10.6% to £88.9m, with its B2B division leading growth. It also announced an AI-powered shopping service planned to begin with Westwing, with purchases handled by its AI agent from 2027.
- Revenue increased 5.1% to £2.8bn for the three months to September, while adjusted operating profit rose 10.6% to £88.9m.
- Zalando’s B2B division drove growth: its revenue rose almost 28%, and its adjusted operating profit more than doubled.
- Zalando announced Zalando Extended, an AI-powered service intended to let customers buy from third-party retailers through its app; its first partner is Westwing, with AI-agent purchases planned from 2027.
Summary written by Lux AI from 2 articles
Key facts
- Quarterly revenue
- £2.8bn, up 5.1% for the three months to September.
- Adjusted operating profit
- £88.9m, up 10.6%.
- Gross merchandise volume
- £3.79bn, up 7.5%.
- Active customers
- 63.2 million, up 2.9% year on year.
- Zalando Extended
- The service is planned to launch with Westwing; AI-agent purchases are planned from 2027.
- Full-year outlook
- Zalando maintained its outlook, expecting GMV and revenue growth in the lower half of its previously announced 12%–17% range.
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