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Tod's SpA (TOD.MI)

TOD.MI on Milan Stock Exchange

39.54EUR
11 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Tod's cautious on FY market expectations, counts on Q4 to boost sales - CFO
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - Tod's Chief Financial Officer Emilio Macellari tells analysts in a post-results conference call: :OCTOBER LIKE-FOR-LIKE SALES WERE IN LINE WITH 9-MONTH TREND, THEREFORE CAUTIOUS ON MARKET EXPECTATIONS ON FY REVENUES, WHICH HE SEES AS "FEASIBLE BUT CHALLENGING".PALE IMPROVEMENT IN LIKE-FOR-LIKE SALES IN Q3 NOT WHAT HAD HOPED FOR, IN Q4 IMPROVEMENT SHOULD BE MORE VISIBLE.IF TREND OF LIKE-FOR-LIKE SALES CONTINUES LIKE IN FIRST NINE MONTHS THIS WOULD HAVE IMPACT ON FULL YEAR RESULTS.COMPANY NEEDS GROWTH OF 2-3 PERCENT IN LIKE-FOR-LIKE SALES IN Q4 TO HAVE STABLE MARGINS.MARKET EXPECTATION FOR FY REVENUES CAN BE MET IF COMPANY GETS TAILWIND OF XMAS SEASON AS EXPECTED.RESULTS FROM NEW STRATEGY WILL TAKE MORE TIME THAN ENVISAGED; FIRST SIGNALS POSITIVE.  Full Article

Tod's CFO says FY revenue consensus "absolutely fair"
Friday, 3 Aug 2018 

Aug 3 (Reuters) - Italy's Tod's Chief Financial Officer Emilio Macellari says: :LIKE-FOR-LIKE SALES IN JULY FOLLOWING A POSITIVE TREND, PERFORMANCE IS IMPROVING.FULL-YEAR CONSENSUS FOR REVENUE OF 960 MLN EUROS "ABSOLUTELY FAIR", THAT FOR EBITDA MARGIN OF 16.5 PERCENT CAN BE ACHIEVABLE THOUGH A BIT MORE CHALLENGING.  Full Article

Tod's CFO Sees Q2 LFL To 'Visibly Improve' Compared To Q1, To Be Positive Starting From H2
Wednesday, 9 May 2018 

May 9 (Reuters) - Tod's SpA CFO Emilio Macellari said in a conference call following Q1 sales ::CURRENTLY THERE ARE NO SIGNS THAT COMPANY WILL NOT MEET CURRENT CONSENSUS FOR FY 2018 - CONF CALL.NOT WORRIED BY NEGATIVE LIKE-FOR-LIKE SALES IN Q1, HOPES LFL WILL TURN POSITIVE ALREADY IN Q2 - CONF CALL.WHOLESALE POSITIVE IN SINGLE-DIGIT AREA IN Q1 IN ALL MARKETS EXCEPT FOR ITALY, WHICH WAS NEGATIVE - CONF CALL.HOPES MONTHLY LAUNCH OF NEW PRODUCTS, LAUNCH OF NEW PRODUCTS WILL BE AT LEAST ONCE EVERY TWO MONTHS - CONF CALL.MOST APPEALING BAGS ARE CURRENTLY OF SMALL DIMENSIONS, WHICH CAN BE PARTIALLY OFFSET BY QUANTITY - CONF CALL.ORDER BOOK FOR FALL/WINTER (LIMITED TO PART OF COLLECTION) IS DOWN IN LOW-MID SINGLE-DIGIT - CONF CALL.WEIGHT OF WHOLESALE WILL BECOME LESS AND LESS IMPORTANT - CONF CALL.DIFFERENT NUMBER OF COLLECTIONS IS ALSO DEDUCTING IMPORTANCE FROM WHOLESALE CHANNEL - CONF CALL.EXPECTS Q2 LFL TO 'VISIBLY IMPROVE' COMPARED TO Q1, TO BE POSITIVE STARTING FROM H2 - CONF CALL.FAIR TO ASSUME 2018 ITALY WHOLESALE TO REMAIN NEGATIVE IN LOW DOUBLE-DIGIT AREA, NOT MID-HIGH TEENS - CONF CALL.HAS SEEN SOME LACK OF INFLOW FROM CHINESE TOURISTS IN ITALY, EUROPE AND U.S. - CONF CALL.  Full Article

Italy's Tod's Says Q1 Sales At EUR 226.1 Mln At Reported Rates
Wednesday, 9 May 2018 

May 9 (Reuters) - Tod's SpA ::SAYS Q1 SALES EUR 234.1 MILLION VERSUS THOMSON REUTERS SMART ESTIMATE OF EUR 226.96 MILLION.SAYS SAME-STORE SALES DOWN 4.4 PERCENT IN Q1.CEO SAYS Q1 RESULTS ARE IN LINE WITH OUR EXPECTATIONS, SINCE NEW BUSINESS MODEL’S EFFECTS CANNOT BE VISIBLE YET.CEO SAYS, IF NEW STRATEGIC PLAN IMPLEMENTATION CONTINUES ACCORDING TO OUR EXPECTATIONS, WE CAN ACHIEVE 'EXCELLENT' RESULTS IN REASONABLE TIMEFRAME.SAYS Q1 SALES EUR 226.1 MILLION EUROS AT REPORTED RATES VERSUS THOMSON REUTERS SMART ESTIMATE OF EUR 226.96 MILLION.  Full Article

Tod's chairman denies speculation of group's possible sale

MILAN, Oct 16 The chairman of luxury company Tod's Diego Della Valle denied speculation over the possible sale of the group, whose majority is owned by his family.