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Inditex: No Stopping The World's Premier Fast Fashion Compounder
PINCPremier(PINC) Seeking Alpha·2024-06-22 15:06

Apparel retailer Industria de Diseño Textil, or 'Indites,' (OTCPK:IDEXY) continues to go from strength to strength. Despite intense competition from incumbents (H&M (HNNMY)) and upstarts (Shein) alike, the business remains as profitable as it's ever been. Growth hasn't skowed either. Since I last covered the stock (see Inditer: Fast Fashion Compounder With A Possible Near-Term Catalyst), the company has delivered a solid set of Q1 2024 numbers and an even better guidance update. As for the mid-term outlook, ...