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Inditex performance seen reassuring after 9% sales rise

RBC Capital Markets said Inditex’s latest performance looks reassuring, citing 9% on-year constant-currency sales growth from Aug. 1 through Sept. 7.

ITX

RBC Capital Markets says Inditex’s latest performance looks very reassuring, according to a research note. The Spanish fashion company reported a 9% year-on-year increase in sales from Aug. 1 through Sept. 7 on a constant-currency basis.

RBC Capital Markets’ estimate was not fully visible in the source excerpt.