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Adolfo Dominguez ( (ES:ADZ) ) has issued an update.
Adolfo Domínguez reported an 8.7% increase in sales, reaching 91.1 million euros between March and November 2024, and opened 14 new stores across multiple countries. With 62% of its commercial network now located overseas, the company continues to strengthen its international presence, exemplified by the opening of a new store in the Carrousel du Louvre in Paris. Despite a net result of -1.6 million euros, the firm achieved a 39.9% improvement compared to the previous year, supported by a 25.5% increase in online sales. The launch of its tenth Ágora collection, Renacer, highlights its innovative approach to fashion.
More about Adolfo Dominguez
Adolfo Domínguez is a designer fashion firm known for its focus on creative and conceptual collections through its Ágora Creative Lab. The company operates 376 stores across 27 countries and reported an annual turnover of 126.7 million euros for the fiscal year 2023/24. It continues to emphasize international expansion and transformation, with a significant portion of its commercial network located abroad.
YTD Price Performance: 0.0%
Average Trading Volume: 1
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €43.33M
See more insights into ADZ stock on TipRanks’ Stock Analysis page.
