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Zalando SE (ZLNDY) Q2 2026 Earnings Call Transcript

Zalando ETR: ZAL said its second-quarter results kept the company on track for its 2026 profit targets, although it narrowed its full-year growth outlook to the lower half of its prior range after softer demand in sneakers weighed on first-half performance.

The German online retailer posted soft results for the second quarter and narrowed its guidance for the year as a whole.

European retailer Zalando on Tuesday forecast 2026 revenue and growth to land in the lower half of its previously guided range and narrowed its adjusted operating profit outlook, sending its shares down 9% in pre-open trade in Frankfurt.

Zalando is being investigated by Germany's financial watchdog over its 2025 financial statements, the regulator said on Friday, adding it had concrete evidence the online fashion retailer breached accounting regulations.
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