Inditex shares sink 7% as Zara owner points to sales slowdown

Zara owner Inditex reported a year-on-year rise in fourth-quarter sales, meeting expectations with revenues of 11.21 billion euros and net income of 1.42 billion euros. Full-year sales rose 10.5% to 38.63 billion euros, while net income was 5.88 billion euros. Despite a slightly slower pace of growth in first-quarter sales, Inditex remains confident in its execution, but uncertainty around U.S. tariffs has made the environment difficult to predict.

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