ZAL.DE is trading down after releasing its Q1 2026 earnings report, which presented a mixed picture to investors. While the company showed strong top-line growth, profitability remains a concern.
- Strong Growth: Group Gross Merchandise Volume (GMV) grew by 21.7% to €4.3 billion, and revenue increased by 23.8% to €3.0 billion.
- Net Loss: Despite the revenue growth, the company reported a net loss of €87.6 million, a sharp contrast to the €9.9 million profit in the same quarter of the previous year.
- Outlook Confirmed: Zalando confirmed its full-year guidance for 2026, expecting GMV and revenue growth of 12% to 17%.