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? Register for a free user account. This document was generated for Other research you may be interested in: Earnings Insights 2Q23, Week 2: Columbia Sportswear, Clorox, Floor & Decor and Sprouts Farmers Market Post Solid Results; Amazon Sees Online Sales ImproveUS CPG Sales Tracker: CPG Growth Disappoints as In-Store Sales SlowRetail Shrink and ORC: Legislative Momentum Grows and New Tech Solutions Emerge To Tackle TheftUS Store Tracker Extra, September 2023: Retailers To Close 73 Million Square Feet of Retail Space in 2023
