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Tempe keeps profit almost stable as sales decline by 2.5%

Inditex’s footwear and accessories subsidiary recorded consolidated profit of 202.77 million euros in the financial year ended January 31, 2026. Payments for dividends and returns on equity instruments also increased.

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Profit almost stable despite lower sales

Tempe closed its 2025 financial year with consolidated profit of 202.77 million euros, compared with 203.7 million euros in the previous financial year. This represents a decline of approximately 0.5%, leaving profit almost unchanged.

Net revenue, by contrast, fell by 2.5% to 1,574.2 million euros. Tempe is Inditex’s subsidiary dedicated to footwear and accessories for its brands. Although the results are referred to as those for 2025, the financial year ended on January 31, 2026; it therefore does not coincide with the calendar year.

One precise figure and several approximations

The accounts cited in media coverage put consolidated profit at 202.77 million euros. Some media outlets round it to 202.8 million euros or describe it as “almost 203 million.”

The accounts show the results and sales trends, but explanations of the group’s ability to adapt are interpretations attributed to media coverage. According to these reports, EY’s audit report gives a favorable opinion on the accounts and highlights the valuation of inventories. That, by itself, is not a forecast of future results.

Inventories, payments and workforce

Inventories were worth close to 248 million euros and represented 20% of total assets, according to data reported on the audit. The available information also states that the company faced geopolitical tensions and adjustments to logistics routes during the financial year, without detailing the separate effect of each factor on the accounts.

Payments for dividends and returns on other equity instruments totaled 120.3 million euros, compared with 110.9 million in 2024. The workforce at the end of the financial year stood at 2,098 people, of whom 2,000 held permanent positions.

A new logistics center in Parc Sagunt

Coverage by Economía Digital adds that Tempe is preparing a distribution center in Parc Sagunt, in the province of Valencia. It states that the site, covering close to 280,000 square meters, was acquired by Inditex in 2019 and that Goa Invest, the group’s construction company, is carrying out the work. The information consulted does not specify an opening date or quantify how many jobs the project could create.

Overall, the figures show a moderate decline in sales and almost unchanged profit for the financial year. Data on dividends, the workforce and logistics development provide context on the group’s activity, but are not sufficient on their own to predict its future performance.

Sources and methodology

  1. Tempe, la filial de complementos y calzado de Inditex ... ↗www.eleconomista.es
  2. El calzado de Inditex tropieza: Tempe encoge ventas y ... ↗www.modaes.com
  3. Tempe, el zapatero de Inditex, dispara su dividendo a 120 ... ↗www.economiadigital.es
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