ARTEIXO, Spain (Reuters) - Zara owner Inditex on Wednesday reported sales for its fourth quarter ending January 31 in line with analysts' expectations, sealing another year of strong growth for the world's biggest listed fast-fashion retailer.
Sales grew 10.5% in currency-neutral terms, to 38.6 billion euros ($42.07 billion) for the year, Inditex said, as fourth-quarter sales came in at 11.2 billion euros.
However, Inditex's first quarter started a little more slowly, with sales up just 4% in currency-neutral terms over the February 1 to March 10 period, compared to an 11% growth a year ago.
($1 = 0.9174 euros)
(Reporting by Helen Reid, editing by Inti Landauro)