Insight Report 3 minutes PremiumESPRIT (0330.HK) 1H16 Results: Sales Declines Stabilize, Company Continues to Execute Vertical and Omni-Channel Strategy Coresight Research February 23, 2016 Executive Summary Esprit reported fiscal 1H16 revenues of HK$9.3 billion, down 13.1% year over year and down just 0.4% in local currency terms, a substantial improvement over prior periods. Reported EPS was HK$(0.12), compared to a profit of HK$0.02 per share in the prior period. In local currency terms, retail sales, which account for 67.2% of group sales, grew by 6.0% year over year, driven by sales growth of 8.6% in Europe. The company continues to execute its strategic plan, focusing on vertical and omni-channel models. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Responses to Inflation—Trading Down in Food and Nonfood Remains a Critical Shopping Strategy: US Consumer Survey InsightsAnalyst Corner—Trimming Waistlines and Spending: Exploring New Data on GLP-1’s Impact on Consumer Purchases, with John MercerStore Tracker Extra: US Store Openings and Closures 2024 Review and 2025 Outlook—InfographicAnalyst Corner—DeepSeek Opens the Door for AI Democratization: The AI Opportunity, with Charlie Poon
