- Zacks
Are Retail-Wholesale Stocks Lagging Brinker International (EAT) This Year?
Here is how Brinker International (EAT) and Industria de Diseno Textil SA (IDEXY) have performed compared to their sector so far this year.
- Zacks
Industria de Diseno Textil (IDEXY) Upgraded to Buy: Here's What You Should Know
Industria de Diseno Textil (IDEXY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
- Reuters
Zara owner Inditex boosted by pick-up in Spring sales
MADRID (Reuters) -Zara owner Inditex reported a pick-up in recent sales from its Spring/Summer collections, boosting its shares on Wednesday as the world's top fashion retailer delivered quarterly results in line with expectations. Inditex also reported a 7% rise in sales for its first quarter to the end of April, an expected slowdown from a year earlier when it benefited from a post-pandemic shopping spree. The company, whose brands also include Pull&Bear and Massimo Dutti, is battling intense competition from the likes of H&M, Shein and Temu by chasing and delivering fashion trends faster through investment in logistics and technology.
