Jefferies backs Inditex stock on John Galliano collection

Published on 10/12/2026 at 10:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies highlights John Galliano and expects 9.50 percent growth in the third quarter. Inditex stock costs EUR 54.23, 9.31 percent below its high.

Key points in brief

Jefferies highlighted John Galliano's Zara collection and expects 9.50 percent third-quarter growth for Inditex.
First-half 2026 sales rose 7.60 percent to EUR 19.755 billion, while net income increased 6.80 percent to EUR 2.980 billion.
Inditex stock was trading at EUR 54.23 at Lang & Schwarz on October 12, 2026, 0.69 percent above the Xetra close of EUR 53.86.
The next dated shareholder events are the October 29, 2026 ex-dividend date and the November 2, 2026 dividend payment.

Extreme Makroaufnahme eines cremefarbenen Baumwollgewebes mit feiner Textur — Inditex S.A. zeigt extreme Makroaufnahme eines hochwertigen Baumwollgewebes aus der Modeproduktion, ISIN ES0148396007, Illustration mit AI erstellt.

Inditex (ES0148396007) stock was trading at EUR 54.23 at Lang & Schwarz on October 12, 2026 at 10:13 a.m. CEST, 0.69 percent above the Xetra close of October 9, 2026 at EUR 53.86. In a report dated October 5, 2026, Bolsamania said Jefferies expects Inditex's third-quarter growth at 9.50 percent and highlighted Zara's first collection with John Galliano.

Growth meets a new Zara collection

The collaboration gives the latest trading discussion a specific operating angle. Bolsamania reported that the collection contains 157 articles, with products available globally online from October 1, 2026. Jefferies linked the launch to Inditex's effort to raise average selling prices while retaining Zara's value proposition.

The article also described a theoretical EUR 100.0 million sales contribution based on 100 units per reference across 20 markets at an average price of EUR 250.00. That scenario is an illustration, not reported revenue, so the more relevant operating figure remains the 9.50 percent third-quarter growth expectation.

First-half figures set the baseline

Inditex reported EUR 19.755 billion of sales in the first half of 2026, up 7.60 percent from the same period of 2025. Net income increased 6.80 percent to EUR 2.980 billion, while earnings per share rose 6.70 percent to EUR 0.956 from EUR 0.896, according to OCU Inversiones on October 9, 2026.

The same report put gross margin at 58.70 percent and operating margin at 19.50 percent for the first half of 2026. Expenses grew 8.30 percent, faster than sales, giving investors a concrete counterweight to the revenue and profit gains.

What do the next dates mean?

Inditex's investor agenda lists October 29, 2026 as the ex-dividend date and November 2, 2026 as the payment date for the final gross dividend of EUR 0.875 per share. The company also lists December 2, 2026 for interim nine-month results, according to its investor-relations page.

Stock remains below its yearly high

The Lang & Schwarz price of EUR 54.23 is 9.31 percent below the 52-week high of EUR 59.80 and above the 52-week low of EUR 46.21. The finance page also indicates a market capitalization of EUR 169.3 billion as of October 12, 2026.

Inditex was trading at EUR 54.23 at Lang & Schwarz on October 12, 2026 at 10:13 a.m. CEST, 0.69 percent above the Xetra close of October 9, 2026 at EUR 53.86. The further course of trading is shown by the continuously updated real-time quote of Inditex stock.