View ValuationZalando 将来の成長Future 基準チェック /46Zalando利益と収益がそれぞれ年間30.7%と6.5%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に15.4% 31.5%なると予測されています。主要情報30.7%収益成長率31.47%EPS成長率Specialty Retail 収益成長11.5%収益成長率6.5%将来の株主資本利益率15.41%アナリストカバレッジGood最終更新日19 May 2026今後の成長に関する最新情報お知らせ • May 18Zalando SE Provides Earnings Guidance for the Year 2024Zalando SE provided earnings guidance for the year 2024. This year, the company expects an increase in gross merchandise volume and sales growth of between 0% and 5% compared to 2023. The company expects an operating profit.すべての更新を表示Recent updatesお知らせ • Mar 31Zalando SE, Annual General Meeting, May 12, 2026Zalando SE, Annual General Meeting, May 12, 2026, at 10:00 W. Europe Standard Time.お知らせ • Nov 19+ 2 more updatesZalando SE to Report Q2, 2026 Results on Aug 04, 2026Zalando SE announced that they will report Q2, 2026 results on Aug 04, 2026お知らせ • Nov 07Zalando SE to Report Fiscal Year 2025 Results on Mar 12, 2026Zalando SE announced that they will report fiscal year 2025 results on Mar 12, 2026お知らせ • Oct 30Zalando SE Announces CFO ChangesZalando SE announced that its Supervisory Board has appointed Anna Dimitrova as Chief Financial Officer (CFO), bringing a wealth of experience to support Zalando's strategy of building the leading pan-European fashion and lifestyle e-commerce ecosystem. She will join the Zalando Management Board and assume responsibility for the Finance and Corporate Governance teams, effective January 1, 2026. With an international career spanning over 20 years, Dimitrova brings extensive experience across all aspects of finance, including M&A, capital markets, and investor relations. She currently serves as Group CFO at Deutsche Glasfaser and has previously held a series of senior leadership roles at Vodafone Group, including CFO of Vodafone in Germany and Czech Republic and Group Financial Controller. As Strategy, Corporate Development & Integration Director for Vodafone Germany, she led the integration and delivery of synergies following the company's acquisitions of Kabel Deutschland and Unity Media. David Schröder, who has been interim CFO since March, will refocus on his responsibilities as Co-CEO.お知らせ • Apr 16Zalando SE, Annual General Meeting, May 27, 2025Zalando SE, Annual General Meeting, May 27, 2025, at 10:00 W. Europe Standard Time.お知らせ • Apr 09Zalando SE (XTRA:ZAL) acquired I Love Icecream Ltd.Zalando SE (XTRA:ZAL) acquired I Love Icecream Ltd on April 7, 2025. Post completion of the acquisition, DeepAR, which will remain an independent company under its new ownership, will help to further “bridge the gap between physical and digital shopping”. Zalando SE (XTRA:ZAL) completed the acquisition of I Love Icecream Ltd on April 7, 2025.お知らせ • Jan 01+ 2 more updatesZalando SE to Report Q2, 2025 Results on Aug 06, 2025Zalando SE announced that they will report Q2, 2025 results on Aug 06, 2025お知らせ • Dec 12Zalando SE (XTRA:ZAL) entered into a definitive business combination agreement to launch a voluntary tender offer to acquire About You Holding SE (DB:YOU) from Otto (GmbH & Co KG), management of About You, HEARTLAND A/S and others for €1.1 billion.Zalando SE (XTRA:ZAL) entered into a definitive business combination agreement to launch a voluntary tender offer to acquire About You Holding SE (DB:YOU) from Otto (GmbH & Co KG), management of About You, HEARTLAND A/S and others for €1.1 billion on December 11, 2024. Zalando offers €6.5 per share. Zalando will finance the offer from existing cash reserves. Otto Group, Otto Family, HEARTLAND and the ABOUT YOU Management entered into binding agreements to sell their ABOUT YOU shares, representing about 73% of ABOUT YOU’s share capital, to Zalando. The transaction is expected to complete in summer of 2025. The transaction is subject to approval by regulatory board / committee. The management board and supervisory board of About You intend to recommend shareholders to accept the offer. J.P. Morgan SE acted as financial advisor for Zalando SE. Carsten Berrar and Peter Klormann from Sullivan & Cromwell LLP acted as legal advisor for Zalando SE. Deutsche Bank Aktiengesellschaft acted as financial advisor for About You Holding SE. White & Case, L.L.P. acted as legal advisor for About You Holding SE. CMS Germany acted as a legal advisor to Heartland. Milbank LLP acted as a legal advisor to Otto.Reported Earnings • Nov 07Third quarter 2024 earnings released: EPS: €0.17 (vs €0.03 loss in 3Q 2023)Third quarter 2024 results: EPS: €0.17 (up from €0.03 loss in 3Q 2023). Revenue: €2.39b (up 5.0% from 3Q 2023). Net income: €44.3m (up €52.5m from 3Q 2023). Profit margin: 1.9% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.お知らせ • Nov 05Zalando SE to Report Fiscal Year 2024 Results on Mar 06, 2025Zalando SE announced that they will report fiscal year 2024 results on Mar 06, 2025お知らせ • May 18Zalando SE Provides Earnings Guidance for the Year 2024Zalando SE provided earnings guidance for the year 2024. This year, the company expects an increase in gross merchandise volume and sales growth of between 0% and 5% compared to 2023. The company expects an operating profit.Reported Earnings • May 16First quarter 2024 earnings released: €0.03 loss per share (vs €0.15 loss in 1Q 2023)First quarter 2024 results: €0.03 loss per share (improved from €0.15 loss in 1Q 2023). Revenue: €2.24b (flat on 1Q 2023). Net loss: €8.90m (loss narrowed 77% from 1Q 2023). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 15Full year 2023 earnings releasedFull year 2023 results: Revenue: €10.1b (down 1.9% from FY 2022). Net income: €83.0m (up 394% from FY 2022). Profit margin: 0.8% (up from 0.2% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Specialty Retail industry in Europe.お知らせ • Feb 24+ 3 more updatesZalando SE to Report Q1, 2024 Results on May 07, 2024Zalando SE announced that they will report Q1, 2024 results on May 07, 2024New Risk • Nov 24New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.3% increase in shares outstanding).Reported Earnings • Nov 24Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: €2.27b (down 3.2% from 3Q 2022). Net loss: €8.20m (loss narrowed 77% from 3Q 2022). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.お知らせ • Nov 02Zalando SE to Report Fiscal Year 2023 Results on Mar 13, 2024Zalando SE announced that they will report fiscal year 2023 results on Mar 13, 2024New Risk • Oct 28New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.3% increase in shares outstanding).New Risk • Aug 20New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.Reported Earnings • Mar 09Full year 2022 earnings released: EPS: €0.07 (vs €0.91 in FY 2021)Full year 2022 results: EPS: €0.07 (down from €0.91 in FY 2021). Revenue: €10.3b (flat on FY 2021). Net income: €16.8m (down 93% from FY 2021). Profit margin: 0.2% (down from 2.3% in FY 2021). Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Online Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings.お知らせ • Nov 30+ 1 more updateZalando SE to Report Q3, 2023 Results on Nov 02, 2023Zalando SE announced that they will report Q3, 2023 results on Nov 02, 2023お知らせ • Nov 29Zalando SE, Annual General Meeting, May 24, 2023Zalando SE, Annual General Meeting, May 24, 2023.お知らせ • Nov 04Zalando SE to Report Fiscal Year 2022 Results on Mar 07, 2023Zalando SE announced that they will report fiscal year 2022 results on Mar 07, 2023Reported Earnings • May 21First quarter 2022 earnings released: €0.24 loss per share (vs €0.14 profit in 1Q 2021)First quarter 2022 results: €0.24 loss per share (down from €0.14 profit in 1Q 2021). Revenue: €2.21b (down 1.5% from 1Q 2021). Net loss: €61.3m (down 278% from profit in 1Q 2021). Over the next year, revenue is forecast to grow 17%, compared to a 36% growth forecast for the industry in Switzerland. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 08Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: €0.91 (up from €0.90 in FY 2020). Revenue: €10.4b (up 30% from FY 2020). Net income: €234.5m (up 3.7% from FY 2020). Profit margin: 2.3% (down from 2.8% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 15%, compared to a 41% growth forecast for the retail industry in Switzerland. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 19Investor sentiment improved over the past weekAfter last week's 36% share price gain to CHF107, the stock trades at a forward P/E ratio of 60x. Average forward P/E is 16x in the Online Retail industry in Europe. Total returns to shareholders of 254% over the past three years.Reported Earnings • Nov 05Third quarter 2021 earnings releasedThe company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: €2.28b (up 23% from 3Q 2020). Net loss: €8.40m (down 114% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 08Second quarter 2021 earnings released: EPS €0.46 (vs €0.49 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: €2.73b (up 34% from 2Q 2020). Net income: €120.4m (down 1.8% from 2Q 2020). Profit margin: 4.4% (down from 6.0% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.Executive Departure • May 27Member of the Management Board has left the companyOn the 19th of May, Rubin Ritter's tenure in the role of Member of the Management Board ended. We don't have any record of a personal shareholding under Rubin's name. A total of 6 executives have left over the last 12 months.Executive Departure • May 27Independent Member of Supervisory Board has left the companyOn the 19th of May, Jorgen Lindemann's tenure as Independent Member of Supervisory Board ended after 5.0 years in the role. We don't have any record of a personal shareholding under Jorgen's name. A total of 6 executives have left over the last 12 months.Reported Earnings • May 07First quarter 2021 earnings releasedThe company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €2.24b (up 47% from 1Q 2020). Net income: €34.5m (up €120.9m from 1Q 2020). Profit margin: 1.5% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 19Full year 2020 earnings released: EPS €0.90 (vs €0.40 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €7.98b (up 23% from FY 2019). Net income: €226.1m (up 127% from FY 2019). Profit margin: 2.8% (up from 1.5% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 28% per year.Is New 90 Day High Low • Jan 16New 90-day high: CHF110The company is up 10.0% from its price of CHF100.00 on 16 October 2020. The Swiss market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF44.39 per share.Analyst Estimate Surprise Post Earnings • Nov 07Revenue misses expectationsRevenue missed analyst estimates by 0.1%. Over the next year, revenue is forecast to grow 21%, compared to a 34% growth forecast for the Online Retail industry in Switzerland.Is New 90 Day High Low • Oct 29New 90-day high: CHF105The company is up 106% from its price of CHF51.00 on 30 July 2020. The Swiss market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF51.59 per share.業績と収益の成長予測SWX:ZAL - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202815,6865527651,1582012/31/202714,8534406581,0242312/31/202613,999294383648233/31/202612,923118572831N/A12/31/202512,3462159041,126N/A9/30/202511,575241397611N/A6/30/202510,943271215415N/A3/31/202510,751270432613N/A12/31/202410,573251447654N/A9/30/202410,3292048581,114N/A6/30/202410,2161528381,125N/A3/31/202410,1291137291,014N/A12/31/202310,14383686950N/A9/30/202310,255110486767N/A6/30/202310,32982702990N/A3/31/202310,39540432755N/A12/31/202210,34517108460N/A9/30/202210,2775-41361N/A6/30/202210,21132-35032N/A3/31/202210,321139-102258N/A12/31/202110,354235283616N/A9/30/20219,828278-15262N/A6/30/20219,394345411661N/A3/31/20218,696347443685N/A12/31/20207,982226277527N/A9/30/20207,395180337581N/A6/30/20207,06610867368N/A3/31/20206,62931-187125N/A12/31/20196,483100N/A327N/A9/30/20196,15871N/A318N/A6/30/20195,83742N/A293N/A3/31/20195,57049N/A230N/A12/31/20185,38851N/A213N/A9/30/20185,06056N/A18N/A6/30/20184,93487N/A136N/A3/31/20184,70583N/A135N/A12/31/20174,489103N/A194N/A9/30/20174,247103N/A220N/A6/30/20174,007118N/A191N/A3/31/20173,823121N/A268N/A12/31/20163,639121N/A276N/A9/30/20163,416163N/A289N/A6/30/20163,294130N/A244N/A3/31/20163,111102N/A122N/A12/31/20152,958122N/A119N/A9/30/20152,75566N/A117N/A6/30/20152,54494N/A196N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: ZALの予測収益成長率 (年間30.7% ) は 貯蓄率 ( 0.6% ) を上回っています。収益対市場: ZALの収益 ( 30.7% ) はSwiss市場 ( 10.9% ) よりも速いペースで成長すると予測されています。高成長収益: ZALの収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: ZALの収益 ( 6.5% ) Swiss市場 ( 4.9% ) よりも速いペースで成長すると予測されています。高い収益成長: ZALの収益 ( 6.5% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: ZALの 自己資本利益率 は、3年後には低くなると予測されています ( 15.4 %)。成長企業の発掘7D1Y7D1Y7D1YRetail 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/26 09:34終値2026/05/26 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Zalando SE 23 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。51 アナリスト機関Oliver LesterArete Research Services LLPRichard KramerArete Research Services LLPVolker BosseBaader Helvea Equity Research48 その他のアナリストを表示
お知らせ • May 18Zalando SE Provides Earnings Guidance for the Year 2024Zalando SE provided earnings guidance for the year 2024. This year, the company expects an increase in gross merchandise volume and sales growth of between 0% and 5% compared to 2023. The company expects an operating profit.
お知らせ • Mar 31Zalando SE, Annual General Meeting, May 12, 2026Zalando SE, Annual General Meeting, May 12, 2026, at 10:00 W. Europe Standard Time.
お知らせ • Nov 19+ 2 more updatesZalando SE to Report Q2, 2026 Results on Aug 04, 2026Zalando SE announced that they will report Q2, 2026 results on Aug 04, 2026
お知らせ • Nov 07Zalando SE to Report Fiscal Year 2025 Results on Mar 12, 2026Zalando SE announced that they will report fiscal year 2025 results on Mar 12, 2026
お知らせ • Oct 30Zalando SE Announces CFO ChangesZalando SE announced that its Supervisory Board has appointed Anna Dimitrova as Chief Financial Officer (CFO), bringing a wealth of experience to support Zalando's strategy of building the leading pan-European fashion and lifestyle e-commerce ecosystem. She will join the Zalando Management Board and assume responsibility for the Finance and Corporate Governance teams, effective January 1, 2026. With an international career spanning over 20 years, Dimitrova brings extensive experience across all aspects of finance, including M&A, capital markets, and investor relations. She currently serves as Group CFO at Deutsche Glasfaser and has previously held a series of senior leadership roles at Vodafone Group, including CFO of Vodafone in Germany and Czech Republic and Group Financial Controller. As Strategy, Corporate Development & Integration Director for Vodafone Germany, she led the integration and delivery of synergies following the company's acquisitions of Kabel Deutschland and Unity Media. David Schröder, who has been interim CFO since March, will refocus on his responsibilities as Co-CEO.
お知らせ • Apr 16Zalando SE, Annual General Meeting, May 27, 2025Zalando SE, Annual General Meeting, May 27, 2025, at 10:00 W. Europe Standard Time.
お知らせ • Apr 09Zalando SE (XTRA:ZAL) acquired I Love Icecream Ltd.Zalando SE (XTRA:ZAL) acquired I Love Icecream Ltd on April 7, 2025. Post completion of the acquisition, DeepAR, which will remain an independent company under its new ownership, will help to further “bridge the gap between physical and digital shopping”. Zalando SE (XTRA:ZAL) completed the acquisition of I Love Icecream Ltd on April 7, 2025.
お知らせ • Jan 01+ 2 more updatesZalando SE to Report Q2, 2025 Results on Aug 06, 2025Zalando SE announced that they will report Q2, 2025 results on Aug 06, 2025
お知らせ • Dec 12Zalando SE (XTRA:ZAL) entered into a definitive business combination agreement to launch a voluntary tender offer to acquire About You Holding SE (DB:YOU) from Otto (GmbH & Co KG), management of About You, HEARTLAND A/S and others for €1.1 billion.Zalando SE (XTRA:ZAL) entered into a definitive business combination agreement to launch a voluntary tender offer to acquire About You Holding SE (DB:YOU) from Otto (GmbH & Co KG), management of About You, HEARTLAND A/S and others for €1.1 billion on December 11, 2024. Zalando offers €6.5 per share. Zalando will finance the offer from existing cash reserves. Otto Group, Otto Family, HEARTLAND and the ABOUT YOU Management entered into binding agreements to sell their ABOUT YOU shares, representing about 73% of ABOUT YOU’s share capital, to Zalando. The transaction is expected to complete in summer of 2025. The transaction is subject to approval by regulatory board / committee. The management board and supervisory board of About You intend to recommend shareholders to accept the offer. J.P. Morgan SE acted as financial advisor for Zalando SE. Carsten Berrar and Peter Klormann from Sullivan & Cromwell LLP acted as legal advisor for Zalando SE. Deutsche Bank Aktiengesellschaft acted as financial advisor for About You Holding SE. White & Case, L.L.P. acted as legal advisor for About You Holding SE. CMS Germany acted as a legal advisor to Heartland. Milbank LLP acted as a legal advisor to Otto.
Reported Earnings • Nov 07Third quarter 2024 earnings released: EPS: €0.17 (vs €0.03 loss in 3Q 2023)Third quarter 2024 results: EPS: €0.17 (up from €0.03 loss in 3Q 2023). Revenue: €2.39b (up 5.0% from 3Q 2023). Net income: €44.3m (up €52.5m from 3Q 2023). Profit margin: 1.9% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
お知らせ • Nov 05Zalando SE to Report Fiscal Year 2024 Results on Mar 06, 2025Zalando SE announced that they will report fiscal year 2024 results on Mar 06, 2025
お知らせ • May 18Zalando SE Provides Earnings Guidance for the Year 2024Zalando SE provided earnings guidance for the year 2024. This year, the company expects an increase in gross merchandise volume and sales growth of between 0% and 5% compared to 2023. The company expects an operating profit.
Reported Earnings • May 16First quarter 2024 earnings released: €0.03 loss per share (vs €0.15 loss in 1Q 2023)First quarter 2024 results: €0.03 loss per share (improved from €0.15 loss in 1Q 2023). Revenue: €2.24b (flat on 1Q 2023). Net loss: €8.90m (loss narrowed 77% from 1Q 2023). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 15Full year 2023 earnings releasedFull year 2023 results: Revenue: €10.1b (down 1.9% from FY 2022). Net income: €83.0m (up 394% from FY 2022). Profit margin: 0.8% (up from 0.2% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Specialty Retail industry in Europe.
お知らせ • Feb 24+ 3 more updatesZalando SE to Report Q1, 2024 Results on May 07, 2024Zalando SE announced that they will report Q1, 2024 results on May 07, 2024
New Risk • Nov 24New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.3% increase in shares outstanding).
Reported Earnings • Nov 24Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: €2.27b (down 3.2% from 3Q 2022). Net loss: €8.20m (loss narrowed 77% from 3Q 2022). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.
お知らせ • Nov 02Zalando SE to Report Fiscal Year 2023 Results on Mar 13, 2024Zalando SE announced that they will report fiscal year 2023 results on Mar 13, 2024
New Risk • Oct 28New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.3% increase in shares outstanding).
New Risk • Aug 20New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.
Reported Earnings • Mar 09Full year 2022 earnings released: EPS: €0.07 (vs €0.91 in FY 2021)Full year 2022 results: EPS: €0.07 (down from €0.91 in FY 2021). Revenue: €10.3b (flat on FY 2021). Net income: €16.8m (down 93% from FY 2021). Profit margin: 0.2% (down from 2.3% in FY 2021). Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Online Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings.
お知らせ • Nov 30+ 1 more updateZalando SE to Report Q3, 2023 Results on Nov 02, 2023Zalando SE announced that they will report Q3, 2023 results on Nov 02, 2023
お知らせ • Nov 29Zalando SE, Annual General Meeting, May 24, 2023Zalando SE, Annual General Meeting, May 24, 2023.
お知らせ • Nov 04Zalando SE to Report Fiscal Year 2022 Results on Mar 07, 2023Zalando SE announced that they will report fiscal year 2022 results on Mar 07, 2023
Reported Earnings • May 21First quarter 2022 earnings released: €0.24 loss per share (vs €0.14 profit in 1Q 2021)First quarter 2022 results: €0.24 loss per share (down from €0.14 profit in 1Q 2021). Revenue: €2.21b (down 1.5% from 1Q 2021). Net loss: €61.3m (down 278% from profit in 1Q 2021). Over the next year, revenue is forecast to grow 17%, compared to a 36% growth forecast for the industry in Switzerland. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 08Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: €0.91 (up from €0.90 in FY 2020). Revenue: €10.4b (up 30% from FY 2020). Net income: €234.5m (up 3.7% from FY 2020). Profit margin: 2.3% (down from 2.8% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 15%, compared to a 41% growth forecast for the retail industry in Switzerland. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 19Investor sentiment improved over the past weekAfter last week's 36% share price gain to CHF107, the stock trades at a forward P/E ratio of 60x. Average forward P/E is 16x in the Online Retail industry in Europe. Total returns to shareholders of 254% over the past three years.
Reported Earnings • Nov 05Third quarter 2021 earnings releasedThe company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: €2.28b (up 23% from 3Q 2020). Net loss: €8.40m (down 114% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 08Second quarter 2021 earnings released: EPS €0.46 (vs €0.49 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: €2.73b (up 34% from 2Q 2020). Net income: €120.4m (down 1.8% from 2Q 2020). Profit margin: 4.4% (down from 6.0% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
Executive Departure • May 27Member of the Management Board has left the companyOn the 19th of May, Rubin Ritter's tenure in the role of Member of the Management Board ended. We don't have any record of a personal shareholding under Rubin's name. A total of 6 executives have left over the last 12 months.
Executive Departure • May 27Independent Member of Supervisory Board has left the companyOn the 19th of May, Jorgen Lindemann's tenure as Independent Member of Supervisory Board ended after 5.0 years in the role. We don't have any record of a personal shareholding under Jorgen's name. A total of 6 executives have left over the last 12 months.
Reported Earnings • May 07First quarter 2021 earnings releasedThe company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €2.24b (up 47% from 1Q 2020). Net income: €34.5m (up €120.9m from 1Q 2020). Profit margin: 1.5% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 19Full year 2020 earnings released: EPS €0.90 (vs €0.40 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €7.98b (up 23% from FY 2019). Net income: €226.1m (up 127% from FY 2019). Profit margin: 2.8% (up from 1.5% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 28% per year.
Is New 90 Day High Low • Jan 16New 90-day high: CHF110The company is up 10.0% from its price of CHF100.00 on 16 October 2020. The Swiss market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF44.39 per share.
Analyst Estimate Surprise Post Earnings • Nov 07Revenue misses expectationsRevenue missed analyst estimates by 0.1%. Over the next year, revenue is forecast to grow 21%, compared to a 34% growth forecast for the Online Retail industry in Switzerland.
Is New 90 Day High Low • Oct 29New 90-day high: CHF105The company is up 106% from its price of CHF51.00 on 30 July 2020. The Swiss market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF51.59 per share.