Financial Performance - Inditex's net profit increased by 6% to €6.22 billion ($7.18 billion) for the fiscal year ending January 31, 2026, driven by higher sales [1] - Net sales reached €39.86 billion, marking a 3.2% rise compared to the previous year [1] - Profit before tax rose 5.8% year-on-year to €8.02 billion [1] Operational Highlights - EBITDA rose by 5% to €11.26 billion, while EBIT increased by 5.9% to €7.99 billion [2] - Lease-adjusted funds from operations increased by 7%, reflecting effective execution of the business model [2] - Online sales grew by 4.8% to €10.7 billion during the year [3] Market and Expansion - Europe, excluding Spain, accounted for 51.3% of total sales, up from 50.6% in 2024; the Americas represented 17.8%, Asia and the rest of the world 15.0%, and Spain increased its share to 15.9% [4] - Inditex opened stores in 41 markets, completing 190 openings, 217 refurbishments (including 96 enlargements), and 293 absorptions [3] Dividend and Future Outlook - The company plans to propose a dividend of €1.75 per share at the annual general meeting, with a policy including a 60% ordinary payout alongside bonus dividends [4] - Inditex expects gross retail space to grow by around 5% in 2026, with ordinary capital expenditure planned at €2.3 billion, focusing on optimizing commercial space and enhancing online platforms [5]