Zalando SE provided earnings guidance for the second quarter of 2022. For the second quarter 2022, management expects Gross Merchandise Volume (GMV) growth, revenue growth and adjusted EBIT to be significantly below analyst estimates (company-compiled median analyst estimates as of 31 May 2022: 5.0% GMV growth, 1.5% revenue growth, and a EUR 104 million adjusted EBIT). The second quarter is profitable but weaker than expected.