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Investing.com -- Zalando SE (ETR:ZALG) shares surged 9.8% on Thursday after the European e-commerce giant reported accelerating third-quarter revenue growth that exceeded analyst expectations, driven by the successful integration of ABOUT YOU and strong performance across its ecosystem.
The company posted Q3 revenue of €3.02 billion, up 26.5% YoY and ahead of analyst estimates of €2.94 billion. Adjusted EBIT reached €96.3 million, slightly above consensus expectations of €95 million, though earnings per share of €0.06 fell short of the €0.28 forecast due to approximately €26 million in restructuring and acquisition costs.
On a pro-forma basis, assuming ABOUT YOU had been part of the group in the prior year, GMV increased by 6.7% and revenue grew by 7.5%.
"The third quarter demonstrates how we are relentlessly executing our strategy to embrace the immense opportunities in front of us and to capture profitable growth across both B2C and B2B," said David Schröder, Zalando co-CEO.
The company’s active customer base surpassed 61.4 million, primarily due to the inclusion of ABOUT YOU, with the number of orders increasing 18.4% to 68.5 million. Zalando also announced a five-year strategic partnership with the German Football Federation (DFB), becoming a main partner for the Men’s, Women’s, and Youth National Teams until 2030.
In its B2B segment, Zalando expanded its collaboration with British retailer Marks & Spencer and secured new partnerships with DEICHMANN and Netto Marken-Discount through its SCAYLE subsidiary. B2B revenue grew 15.6% YoY to €277.1 million, with adjusted EBIT margin improving by 4.3 percentage points to 7.1%.
Zalando confirmed its full-year 2025 guidance, projecting pro-forma GMV and revenue growth of 4% to 7% and adjusted EBIT between €550 and €600 million.
The company also announced the appointment of Anna Dimitrova as its new CFO, effective January 1, 2026.