Zara owner Inditex reports strong start to winter sales

Core Insights - Inditex, the owner of Zara, reported a sales growth of 10.6% in constant currency for the beginning of its fourth quarter, surpassing analysts' expectations for the November period, which includes the important Black Friday sales [1] Summary by Category - Sales Performance - Inditex's sales increased by 10.6% in constant currency [1] - This growth occurred during the start of the fourth quarter, a critical time for retail due to Black Friday [1] - Market Expectations - The sales growth exceeded analysts' expectations for the November period [1] - The performance is particularly notable given the significance of Black Friday in driving retail sales [1]