Salvatore Ferragamo S.p.A. (SFER.MI)
| Previous Close | 9.11 |
| Open | 9.03 |
| Bid | 9.01 x 0 |
| Ask | 9.03 x 0 |
| Day's Range | 8.96 - 9.10 |
| 52 Week Range | 8.96 - 16.44 |
| Volume | |
| Avg. Volume | 374,440 |
| Market Cap | 1.499B |
| Beta (5Y Monthly) | 1.25 |
| PE Ratio (TTM) | 47.66 |
| EPS (TTM) | 0.19 |
| Earnings Date | May 09, 2024 |
| Forward Dividend & Yield | 0.10 (1.10%) |
| Ex-Dividend Date | May 20, 2024 |
| 1y Target Est | 10.00 |
WWDSalvatore Ferragamo Reports Decline in 2023 Sales, Profitability, but CEO Marco Gobbetti Touts Good Progress
The executive underscored that the brand has been strengthened, the quality of sales has improved and that investments in retail and marketing and communication will continue.
WWDSalvatore Ferragamo Posts Decrease in 2023 Sales
Preliminary revenues were down 7.6 percent to 1.15 billion euros, but CEO Marco Gobbetti touted "significant progress" in the company's transition.
ReutersFerragamo CEO Gobbetti's pay backed by shareholders despite criticism
Salvatore Ferragamo shareholders gave the green light to its proposed remuneration policy, which gives the luxury goods group's CEO a bumper pay package, despite a recommendation from the world's top two proxy advisers to vote against it. Glass Lewis and Institutional Shareholder Services (ISS) suggested a vote against both the remuneration policy and part of the remuneration report. Ferragamo is led by Marco Gobbetti, the former head of British fashion group Burberry, who took over as CEO at the beginning of last year.
