Inditex has once again crossed a new milestone in the stock market, with shares rising above 48 euros and touching record highs. The fashion group, led by Marta Ortega, has enjoyed a year-to-date gain of roughly 23% and sits among the world’s most valuable companies, with a market capitalization approaching 149.47 billion euros, ranking just behind Morgan Stanley and ahead of Pfizer. Analysts point to steady growth in sales and profits as the main engine behind this performance, even as headlines around inflation and higher living costs weigh on consumer behavior in various regions. The positive trend on the exchange has been persistent since 2017, when the stock peaked around 36 euros. While revenue growth briefly slowed at that time, investor sentiment shifted in 2021 as the company reaccelerated into double-digit growth. Overall, Inditex has logged three years and a quarter of growth, supported by robust market momentum that pushed the stock beyond 36 euros by late 2023 and kept lifting it since then. (Attribution: Market analysis based on company filings and broker commentary)
