Company Earnings Update 4 minutesRegister for Free AccessSalvatore Ferragamo (BIT: SFER) FY16 Results: Underpaces Luxury Rivals at the Top Line, Tax Benefit Boosts the Bottom Line Coresight Research March 15, 2017 Executive Summary Italian luxury leather goods and apparel firm Salvatore Ferragamo posted FY16 revenue growth of just 0.6%, broadly in line with consensus expectations. Operating profit slid back by 1.5%, impacted by costs associated with management changes. Net profit jumped 13.7%, boosted by a one-off drop in the tax rate. 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: Three Things You Need To Know: Metaverse Pioneers—Fashion—The Web 3.0 Strategies of Adidas and NIKEThree Data Points We’re Watching This WeekStyle and Substance Through Value-Add Services and Omnichannel Strategies: Global Learnings in Apparel RetailingDepartment Stores in Focus—Kohl’s and Macy’s Lead the Way: US Consumer Survey Insights
