Insight Report 2 minutes PremiumSalvatore Ferragamo (BIT: SFER) 1Q16 RESULTS: TOP-LINE MISS; BOTTOM-LINE BEAT Coresight Research May 12, 2016 Executive Summary Salvatore Ferragamo posted 1Q16 revenues that were down 1.8%, slightly missing the consensus estimate. An increase in the gross margin boosted operating profit by 4.5%. Net profit rose by 6.3%, beating expectations.+ 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: US Apparel and Beauty Spending Tracker, April 2023: Clothing, Footwear and Beauty Spending Growth Eases FurtherWeinswig’s Weekly: Introducing Temu, the New Entrant in US E-CommerceConsumers Cut Back Amid Inflation Concerns: US Consumer Survey InsightsMay 2023 US Retail Traffic and In-Store Metrics: Recovery of Store-Based Sales Progresses as Year-Over-Year Declines Soften
