Salvatore Ferragamo SpA

SFER: XMIL (ITA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Ferragamo Earnings: Solid Revenue and Cost Control in a Difficult Environment

Jelena Sokolova

Mar 12, 2026

Ferragamo's revenue was down 3.8% in 2025, but up 0.4% in direct-to-consumer channels. Operating costs were well contained, and the company returned to profitability before write-downs and impairments. Markets reacted positively, sending shares 7% higher.

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Salvatore Ferragamo SpA

Ferragamo Earnings: Solid Revenue and Cost Control in a Difficult Environment

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