Investing.com - Salvatore Ferragamo SpA reported on Tuesday second quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
Salvatore Ferragamo SpA announced earnings per share of €0.1884 on revenue of €333.2M. Analysts polled by Investing.com anticipated EPS of €0.1884 on revenue of €337.1M.
Salvatore Ferragamo SpA shares are down 31.41% from the beginning of the year, still down 33.02% from its 52 week high of €23.20 set on January 5. They are under-performing the EUR/USD which is down 0% from the start of the year.
Salvatore Ferragamo SpA follows other major Consumer Discretionary sector earnings this month
Salvatore Ferragamo SpA's report follows an earnings missed by Flutter Entertainment on August 12, who reported EPS of €1.01 on revenue of €1.82B, compared to forecasts EPS of €1.17 on revenue of €1.61B.
InterContinental had beat expectations on August 9 with second quarter EPS of €1.82 on revenue of €840M, compared to forecast for EPS of €1.73 on revenue of €842.42M.
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