Zara owner Inditex reports weaker than expected first-quarter sales
MADRID, June 11 (Reuters) - Zara owner Inditex (ITX.MC), opens new tab missed expectations for its first-quarter sales on Wednesday, adding to doubts about the ability of the fast-fashion retailer to keep delivering strong sales growth in an uncertain economic environment.
The company reported revenues of 8.27 billion euros ($9.44 billion) in the period, missing analysts' average estimate of 8.36 billion euros, according to an LSEG poll.
($1 = 0.8759 euros)
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