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Tod's SpA (TOD.MI)

TOD.MI on Milan Stock Exchange

59.50EUR
11:35am EDT
Change (% chg)

€0.20 (+0.34%)
Prev Close
€59.30
Open
€59.55
Day's High
€59.65
Day's Low
€59.30
Volume
17,420
Avg. Vol
67,929
52-wk High
€73.80
52-wk Low
€45.62

Latest Key Developments (Source: Significant Developments)

Tod's CFO says full-year 2017 EBITDA consensus "reasonable"
Thursday, 3 Aug 2017 11:37am EDT 

Aug 3 (Reuters) - The Chief Financial Officer of Italy's Tod's, Emilio Macellari, tells a post-results analyst call: :group wants to concentrate on more iconic products and to maintain "some distance" with fashion.company to hold investor day in the autumn, October or early November, and will present full management team, with new additions.group not happy with Q2 same store sale performance, cannot say for sure if it will become positive "tomorrow" but not worried of group's "shy" improvements.group ready to make sacrifices in the short term in order to garner results in medium term.idea of sales growth in medium term is "mid to high single digit".market full-year 2017 EBITDA consensus is "reasonable and can be done".  Full Article

Shares in Tod's down sharply after weaker-than-expected Q1
Monday, 8 May 2017 03:05am EDT 

May 8 (Reuters) - Italian luxury goods group Tod's::Shares down 7 percent at open .Said on Friday it may struggle to meet market expectations for earnings this year after a bigger than forecast 4.4 percent drop in first-quarter revenue, driven by shrinking Italian and U.S. sales. nL8N1I75V8.Exane BNP Paribas has cut its rating on the stock to "underperform" from "neutral," Kepler Cheuvreux to "reduce" from "hold".  Full Article

Tod's sees around 10 net shop openings this year
Friday, 5 May 2017 12:43pm EDT 

May 5 (Reuters) - Tod's Chief Financial Officer Emilio Macellari tells analyst call::Sees 13-14 new shop openings in 2017 and 3-4 shop closures.  Full Article

Tod's CFO sees "flattish" 2017 like-for-like sales
Friday, 5 May 2017 12:43pm EDT 

May 5 (Reuters) - Tod's Chief Financial Officer Emilio Macellari tells analyst call::Expects "flattish" like-for-like sales in whole year .Like-for-like sales growth should be "something between negative and flattish" for the first half."More than a hope" that like-for-like sales growth can be positive in the second half of the year.  Full Article

Tod's CFO says 2017 consensus may be challenging
Friday, 5 May 2017 12:12pm EDT 

May 5 (Reuters) - Tod's Chief Financial Officer Emilio Macellari tells analyst call::Improvement ongoing in same-store sales, "even happier with what happened after March, there should not be a minus sign at the end of the year"."Current consensus (on 2017) can be a bit challenging".  Full Article

Tod's CFO says confident group will reach 2017 consensus
Tuesday, 14 Mar 2017 01:47pm EDT 

Tod's Chief Financial Officer Emilio Macellari tells a post-results analyst call: confident group will reach analyst consensus forecasts for 2017, with revenues expected at 1.040 bln euros and core profits at 193 million euros, thanks to cost efficiencies and expected like-for-like sales improvement . beginning of year confirms the improved trend started in the last three months of last year . group sees good performance of leather goods in first months of year . sales in some regions, such as mainland China, are performing well . expects no real material impact from exchange rates in 2017 . new store openings this year will be lower than average in past, due to more challenging situation than in the past, seen in the region of mid to high single digit Further company coverage: [TOD.MI] (Reporting by Milan newsroom).  Full Article

Tod's shares down 2.7 pct after fall in 2016 revenues
Thursday, 26 Jan 2017 03:00am EST 

Italian luxury group Tod's: Shares are down 2.7 percent after sales figures . On Wednesday the group said revenue in 2016 fell by 3.2 percent at current exchange rates, hit by shrinking sales of leather goods as well as shoes and weakness in the U.S. and Chinese markets. [nI6N1FA001] Further company coverage: [TOD.MI] (Reporting by Milan newsroom).  Full Article

Tod's same store sales fall by 14.3 pct in first half of year
Thursday, 21 Jul 2016 11:51am EDT 

Italian luxury group Tod's says: revenues in the first half of the year stood at 497.6 million euros, down 3.4 percent from last year . same store sales at constant exchange rates were down by 14.3 percent in the first six months of the year . Chief Executive Diego Della Valle says development plan for the group continues, primary goal is to improve organic growth Further company coverage: [TOD.MI] (Reporting by Milan newsroom).  Full Article

Tod's shares fall 4.9 percent after results
Thursday, 12 May 2016 02:55am EDT 

Tod's: Shares fall 4.9 percent after results . On Wednesday the group said Q1 sales fell due to weaker demand in China and shrinking tourist spending [ID:nL5N1886II] Further company coverage: [TOD.MI] (Reporting by Milan newsroom).  Full Article

Tod's CFO: market consensus for revenues, EBITDA 2016 "a bit challenging"
Wednesday, 11 May 2016 11:49am EDT 

Tod's Spa Chief Financial Officer Emilio Macellari tells analysts in a conference call : market consensus for revenues and EBITDA 2016 is a bit challenging but not impossible to reach . says analyst consensus is for 4 percent increase in revenues, EBITDA margin of 20.5 percent Further company coverage: [TOD.MI] (Reporting by Milan newsroom).  Full Article

Italy's Tod's ready to make short-term sacrifices for medium-term growth

MILAN Italian luxury group Tod's said on Thursday it was ready to make short-term sacrifices in margins and revenues in pursuit of medium-term growth as it turns away from fashion to focus on higher-end products.