Zalando stock gains 0.53% to EUR 28.39 premarket
Published on 11/11/2026 at 08:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSB2B growth supports 2026 outlook
- Zalando's third-quarter B2B revenue rose 27.2 percent pro forma, while adjusted EBIT more than doubled to EUR 42 million.
- Management retained its full-year 2026 outlook for reported GMV and revenue growth in the lower half of the 12 to 17 percent range.
- Adjusted EBIT is expected at EUR 680 million to EUR 720 million, with Cyber Week and Christmas trading shaping the fourth quarter.
Zalando stock traded at EUR 28.39 on Lang & Schwarz at 8:30 CET on Wednesday, November 11, 2026, 0.53 percent above the Xetra close of Tuesday, November 10, at EUR 28.24.
B2B momentum strengthens the platform
Zalando's third-quarter group gross merchandise volume rose 7.5 percent year on year to EUR 4.5 billion, while revenue increased 5.1 percent to EUR 3.2 billion, according to Yahoo Finance. Adjusted EBIT advanced 11 percent to EUR 107 million.
The B2B division was the main growth engine. Pro forma revenue increased 27.2 percent to EUR 354 million, while adjusted EBIT more than doubled to EUR 42 million. Zalando said fulfillment efficiencies, SCAYLE software and Tradebyte supported the platform model.
Guidance puts focus on peak trading
Management retained its full-year 2026 outlook. Reported GMV and revenue are expected to grow in the lower half of the 12 to 17 percent range, while adjusted EBIT is projected at EUR 680 million to EUR 720 million. The company expects the fourth quarter to benefit from peak-season demand, including Cyber Week and Christmas trading.
B2C profitability remains a counterpoint for investors: the adjusted EBIT margin fell to 2.3 percent from 2.8 percent a year earlier, while group gross margin declined to 38.7 percent. Management expects gross-margin improvement in the fourth quarter and further progress in the following years.
Zalando stock trades against the backdrop of Germany's DAX.
