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: Five Things To Know About Generative AI in ChinaWeinswig’s Weekly: Apple Pivots to Plan “C” with the iPhone 15Weekly US and UK Store Openings and Closures Tracker 2024, Week 28: Big Lots To Close Stores; Hudson’s Bay Company Acquires Neiman MarcusHarnessing GenAI: Strategic Approaches To Combat Risk—Insights from The Lead Summit 2024
