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. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Shoptalk 2023 “Shark Reef” Startup Pitch: All You Need To KnowAI Integration, Practical and Research Uses, and Challenges Within Real Estate: Insights Presented at the NARG 2024 Spring MeetingInnovator Profile: Reflekt Me Enhances E-Commerce Through Personalized Product ImageryEarnings Insights 1Q24, Week 3: Crocs and Coty See Sales Growth; Floor & Decor, Tapestry and Others See Sales Decline
