Скачать или смотреть Inditex: 6.2% Constant Currency Sales Growth That Changes Everything

Inditex ITX.MC trades 27x forward earnings, 62.2% gross margin explains the premium

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#Inditex #ITXMC #Retail #FastFashion

🔍 Why a 27x PE feels like the market pricing in perfection
📈 What drove a record 62.2% gross margin and why it matters
🚚 How proximity sourcing and a €2bn logistics buildout create durable advantages
💶 Three 5-year scenarios with price targets, base case ~€61.41
⚠️ Key things to watch: US sales performance and the EU ban on destroying unsold goods

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