Inditex Profit Beats Analysts' Estimates as Openings Fuel Sales

Sept. 16 (Bloomberg) -- Inditex SA , the owner of the Zarachain, reported first-half profit that beat analyst estimates asstore openings from Beijing to Cairo fueled sales growth. Net income declined 7.6 percent to 375 million euros (0million) in the six months through July, the Arteixo, Spain-based retailer said today. The average estimate of six analystscompiled by Bloomberg was 349.5 million euros. Inditex rose asmuch as 3.3 percent to a 20-month high in Madrid trading. &

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