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Prada Spa ADR (PRDSY)
:PRDSY
Earnings Data
Report Date
Apr 23, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
0.31Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 04, 2025
|% Change Since: -6.53%
|Next Earnings Date:Apr 23, 2025
Earnings Call Sentiment|Positive
The Prada Group experienced a strong financial year with significant revenue growth, robust financial performance, and remarkable growth for Miu Miu. However, there were challenges in the Chinese market and some FX-related impacts on gross margin. The overall sentiment is positive, with confidence in continued growth.Company Guidance
In the fiscal year 2024, Prada Group reported strong financial performance, with revenues reaching EUR 5.4 billion, representing a 17% increase at constant exchange rates. The company's EBIT was EUR 1.28 billion, yielding a margin of 23.6%, and they ended the year with a net cash position of EUR 600 million. Retail sales were a key driver, totaling EUR 4.8 billion, up 18%, with Miu Miu's retail sales growing by an impressive 93%. Notably, Asia Pacific saw a 13% increase in retail sales, while Japan experienced a 46% rise. Gross margin slightly decreased to 79.8%, while the EBIT margin expanded by 110 basis points. For 2025, Prada Group plans to continue investing in brand growth and infrastructure, with expected CapEx around EUR 550 million, while maintaining a focus on sustainable long-term growth.Strong Revenue Growth
Prada Group closed 2024 with revenues at EUR5.4 billion, up 17% at constant exchange rates.
Robust Financial Performance
EBIT reached EUR1.28 billion with a margin of 23.6% and the group completed the year with a net cash position of EUR600 million.
Miu Miu's Remarkable Growth
Miu Miu reported a remarkable organic performance, up 93%, with retail sales in excess of EUR1.2 billion.
Successful Sustainability Initiatives
The company reduced Scope 1 and 2 greenhouse gas emissions by 61% and launched a three-year plan to convert raw materials to lower-impact alternatives.
Strong Global Retail Performance
Retail sales totaled EUR4.8 billion, up 18% versus fiscal year '23 at constant FX, driven by like-for-like full price sales.
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PRDSY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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PRDSY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 04, 2025 | $17.62 | $17.57 | -0.28% |
| Oct 30, 2024 | $14.60 | $14.25 | -2.40% |
| Jul 30, 2024 | $14.08 | $13.81 | -1.92% |
| Apr 24, 2024 | $15.08 | $15.42 | +2.25% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Prada Spa ADR (PRDSY) report earnings?
Prada Spa ADR (PRDSY) is schdueled to report earning on Apr 23, 2025, TBA Not Confirmed.
What is Prada Spa ADR (PRDSY) earnings time?
Prada Spa ADR (PRDSY) earnings time is at Apr 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PRDSY EPS forecast?
Currently, no data Available
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