Salvatore Ferragamo SpA
SFER: XMIL (ITA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|M< | LOCK|?QM | LOCK|&x##!& |
Ferragamo: Wholesale Weighs on Growth in the Quarter as Shares Look Pricey
Ferragamo reported a 1.2% decline in constant-currency sales in the quarter, driven by a 19% drop in wholesale sales not fully offset by 5.5% growth in direct-to-consumer channels. Shares were down 15%.
