Company Earnings Update 3 minutesRegister for Free AccessPrada (HK:1913) FY16 Results: Very Tough Year, Although Trends Improved in Second Half Coresight Research April 13, 2017 Executive Summary Prada reported revenue of €3,184 million for FY16, down 10.3% year over year and slightly higher than the consensus estimate of €3,182 million. Reported EPS was €0.11 for the period, down almost 16% and below the consensus estimate of €0.12. The weakness in the top line in FY16 was due to declines across all regions and product categories. The Asia-Pacific region and the leather goods product category suffered the steepest declines. Profitability metrics also fell,and the company’s operating margin contracted by 70basis points year over year. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Three Data Points We’re Watching This Week, Week 12: US Retail and Consumer LatestMarket Outlook: US Convenience Store Retailing—Charting New Paths Through Structural Headwinds4Q24 Earnings Season Wrap-Up: Which Companies Missed, Beat and Fell in Line with Expectations?—InfographicThree Data Points We’re Watching This Week, Week 25: Predictive Data—Looking Ahead in US Retail
