Zalando Q3/2022
Earnings Call
November 3, 2022
Robert Gentz (Co-CEO)
Dr. Sandra Dembeck (CFO)
Q3 update
In Q3, we were able to return to growth in a declining demand environment
with consumer confidence hitting a record low
Record low in consumer confidence1 | Active customers | ||
in millions | |||
250.2
GMV per active customer
YoY growth over the last three months
No longer lapping pandemic peaks3
+0.3%
Q3 financial performance
GMV +7.1%
Revenue +2.9%
(in EUR m) | 13.5 |
Adj. EBIT |
2020 | 2021 | 2022 |
- 1) Jan 2020 to September 2022, source: European commission, EU-27, black line represents long-term average
- Jan 2020 to September 2022, source: Global Supply Chain Pressure Index, New York Fed, black line represents long-term average
- Year-over-yearGMV growth Zalando group
Q3 update
As a result of our decisive actions we are on track to deliver improved profitability compared to H1/22 and remain laser-focusedas we enter the key commercial quarter of the year
Group GMV year-over-year growth (in %) | Group adj. EBIT development (in EUR m) | |||||||
20% | 250 | 154 - 234 | ||||||
200 | ||||||||
6 - 13 | 150 | |||||||
10% | ||||||||
100 | ||||||||
50 | 26 | |||||||
0 | ||||||||
0% | 0 | |||||||
H1/22 | H2/22 | H1/22 | H2/22 | |||||
3
Q3 update
We advanced on all of our strategic initiatives to be the starting point for fashion for our
customers
Customers | Partners | People & planet |
Create deep customer | Transition towards a | Build a |
relationships at scale | true platform business | sustainable platform |
Our loyalty program Zalando Plus almost tripled its membership year- over-year
Strong growth in share of Partner Business with an increase of 7pp compared to last year
Zalando launches first Adaptive Fashion collections embracing the disabled community
4
Q3 update
Strategic partnership with Nike, Inc strengthens our efforts to be the Starting Point for Fashion
Access to Nike member-exclusive products and benefits for Zalando customer1
Distinctive shopping experience through elevated storytelling and inspiration
Joint commitment to creating an exclusive experience with a better assortment
- 1) The experience will go live in all ten markets Nike is present in with Zalando's Partner Program (Germany, Austria, the Netherlands, France, Belgium, Denmark, Sweden, Finland, Italy and Poland), started with Austria in October
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Zalando SE published this content on 03 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 November 2022 06:04:02 UTC.