Inditex has ‘great growth opportunities’ in all markets, including the US, according to its CEO

The CEO of Inditex, Óscar García Maceiras, has stressed that Inditex has “great growth opportunities” in all markets, including the United States, and with all its brands, despite having moderated its growth by earning 1305 million in its first fiscal quarter (0.8% more than a year earlier) and increasing its sales by 1.5%.

“We continue to execute new openings, extensions and remodeling of stores in the best locations, expanding our concepts to new cities and new territories, with the launch of new services that improve the customer’s shopping experience,” said García Maceiras during the presentation of results to analysts.

The group’s CEO said that, since Inditex opened its first Zara store in A Coruña 50 years ago, thanks to the “unique” integrated model of store and online, the company has been able to take advantage of the “remarkable” growth opportunities it sees in all channels, concepts and markets.

In this sense, García Maceiras has shown his confidence in the company’s capacity for development and has assured that its business model continues to operate “efficiently,” with “stable” gross margins and “disciplined” cost management.

On the other hand, in response to analysts about the tariff situation and its expansion in the United States, the director of investor relations, Gorka García-Tapia, pointed out that the company is “very well diversified” not only in sales, but also in the supply of its business.

“Our business model is quite flexible, and we have that kind of focus on proximity sourcing. I think all of that with respect to the U.S. really helps us. In any case, we see opportunities for growth globally, not just in one market,” added García-Tapia, who assured that the group “is monitoring the situation.” The company plans to open a store in Boston and relocate another in Los Angeles. “We continue with our business as normal, thanks to the unique business model we have,” he added.

Inditex is present in 214 markets, with a low share in each of them and in a “highly fragmented” sector, so it sees “strong growth opportunities.”