Company Earnings UpdateSalvatore 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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Holiday 2025 Survey Insights: Government Shutdown Impacts One-Third of Holiday ShoppersConsumer Sentiment Unpacked—Higher-Income, Younger Consumers Are Most Optimistic: US Consumer Survey Insights ExtraUS CPG Sales Tracker: In-Store CPG Sales Fall While Beauty Remains ResilientEconomic Sentiment Climbs; Walmart Overtakes Lowe’s in Home-Improvement Sector: US Consumer Survey Insights
