Zalando Stock News
€22.25
0.14%
Xetra, Oct 02, 01:12 pm CEST.
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Zalando Stock News
The German online retailer posted soft results for the second quarter and narrowed its guidance for the year as a whole.
European retailer Zalando on Tuesday forecast 2026 revenue and growth to land in the lower half of its previously guided range and narrowed its adjusted operating profit outlook, sending its shares down 9% in pre-open trade in Frankfurt.
Zalando is being investigated by Germany's financial watchdog over its 2025 financial statements, the regulator said on Friday, adding it had concrete evidence the online fashion retailer breached accounting regulations.
Shares fell—wiping out most of the stock's gains this year—after Germany's financial regulator launched an audit into the company's financial statements
European online fashion retailer Zalando on Wednesday reported stronger quarterly growth, citing investments in artificial intelligence that were improving its efficiency.
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