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Salvatore Ferragamo SpA (SFER.MI)

SFER.MI on Milan Stock Exchange

22.75EUR
3:59pm IST
Change (% chg)

€-1.78 (-7.26%)
Prev Close
€24.53
Open
€23.00
Day's High
€23.08
Day's Low
€22.59
Volume
2,115,952
Avg. Vol
529,089
52-wk High
€25.61
52-wk Low
€20.42

Latest Key Developments (Source: Significant Developments)

Bookrunner Says Accelerated Bookbuilt Offering Of 5.9 Mln Shares of Salvatore Ferragamo
Tuesday, 19 Jun 2018 

June 19 (Reuters) - Salvatore Ferragamo's Bookrunner::SALVATORE FERRAGAMO SPA: BOOKRUNNER SAYS ACCELERATED BOOKBUILT OFFERING OF ABOUT 5.9M SHARES IN PRIVATE PLACEMENT.  Full Article

Ferragamo CFO sees 2 pct sales growth this year as "reachable"
Monday, 7 May 2018 

May 7 (Reuters) - Italy's Salvatore Ferragamo CFO Ugo Giorcelli says ::A 2 PERCENT GROWTH IN 2018 REVENUES AT CONSTANT EXCHANGE RATES "NOT FAR FROM REACHABLE".  Full Article

Ferragamo shareholders approve loyalty share scheme
Friday, 20 Apr 2018 

April 20 (Reuters) - Salvatore Ferragamo::SHAREHOLDERS APPROVE INTRODUCTION OF LOYALTY SHARE SCHEME FOR INVESTORS HOLDING SHARES IN COMPANY FOR AT LEAST 2 YEARS.  Full Article

Tapestry Appoints Eraldo Poletto CEO & Brand President, Stuart Weitzman
Tuesday, 17 Apr 2018 

April 17 (Reuters) - Tapestry Inc ::TAPESTRY APPOINTS ERALDO POLETTO CEO & BRAND PRESIDENT, STUART WEITZMAN.TAPESTRY INC - ERALDO POLETTO EXPECTED TO JOIN ON APRIL 30, 2018, WILL SUCCEED WENDY KAHN.TAPESTRY - POLETTO MOST RECENTLY HELD ROLE OF CEO OF SALVATORE FERRAGAMO SPA.  Full Article

Salvatore Ferragamo CEO sees 2018 as "another year of hard work"
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Salvatore Ferragamo Chief Executive Eraldo Poletto tells a post-results analyst call: :2018 is going to be "another year of hard work".  Full Article

Italy's Ferragamo to start publishing interim financial reports
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - Italian luxury group Salvatore Ferragamo says::will start publishing interim financial reports as at March 31 and September 30 each year, starting from November 14, 2017.wants to promote open and ongoing dialogue with financial community.  Full Article

Ferragamo shares fall 2 pct after brokers cut target price
Friday, 26 May 2017 

May 26 (Reuters) - Salvatore Ferragamo::Shares in the luxury goods maker fall more than 2 percent in early trade after brokers cut target price.Kepler Cheureux cut its target price on the stock to 27.50 euros from 29 euros, while Exane BNP Paribas cut it to 28 euros from 30 euros nFWN1IS00LnFWN1IR0QN.The group said on Thursday it was cautious over 2017 while confirming its medium-term targets.nI6N1ID014.  Full Article

Ferragamo full-year consensus achievable - CEO
Tuesday, 2 Aug 2016 

Italian luxury goods company Salvatore Ferragamo in a post-result analyst call on Tuesday: Outgoing CEO Michele Norsa says both revenue and EBITDA full-year consensus estimates are achievable if the sector shows improvement and net of any external extraordinary events . CEO says group will this year open 7-10 new directly-operated stores and 10-12 stores run by third parties . Chief financial officer Ernesto Greco says July retail sales positive, sees improvement in second half, especially in China and Korea . CFO says like-for-like sales growth in second quarter will be negative in a mid single digit range, the trend is towards better performance for rest of year . CFO says like-for-like sales growth in first three months is negative in the high single digits .CFO says gross profit margin of 67 percent posted in H1 remains a target for rest of year.  Full Article

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Italy's Ferragamo shares tumble after family trims stake

MILAN Shares in Salvatore Ferragamo tumbled on Wednesday after the luxury group's controlling family sold shares at a steep discount, sparking concern about the group's profitability.