Salvatore Ferragamo SpA
MIL:SFER
Income Statement
Earnings Waterfall
Salvatore Ferragamo SpA
Income Statement
Salvatore Ferragamo SpA
| Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Jun-2023 | Dec-2023 | Jun-2024 | Dec-2024 | Jun-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
2
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
19
|
0
|
0
|
0
|
18
|
0
|
0
|
0
|
15
|
0
|
0
|
0
|
16
|
11
|
23
|
26
|
27
|
0
|
|
| Revenue |
782
N/A
|
827
+6%
|
887
+7%
|
933
+5%
|
986
+6%
|
1 036
+5%
|
1 092
+5%
|
1 118
+2%
|
1 153
+3%
|
1 175
+2%
|
1 213
+3%
|
1 235
+2%
|
1 258
+2%
|
1 275
+1%
|
1 292
+1%
|
1 300
+1%
|
1 332
+2%
|
1 360
+2%
|
1 395
+3%
|
1 396
+0%
|
1 430
+2%
|
1 424
0%
|
1 418
0%
|
1 423
+0%
|
1 438
+1%
|
1 426
-1%
|
1 446
+1%
|
1 429
-1%
|
1 393
-2%
|
1 388
0%
|
1 349
-3%
|
1 360
+1%
|
1 347
-1%
|
1 658
+23%
|
1 993
+20%
|
1 985
0%
|
1 377
-31%
|
1 888
+37%
|
1 547
-18%
|
1 481
-4%
|
877
-41%
|
1 335
+52%
|
1 495
+12%
|
1 533
+3%
|
1 136
-26%
|
1 686
+49%
|
1 793
+6%
|
1 822
+2%
|
1 252
-31%
|
1 512
+21%
|
1 156
-24%
|
1 079
-7%
|
1 035
-4%
|
986
-5%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(289)
|
(305)
|
(326)
|
(334)
|
(353)
|
(369)
|
(394)
|
(402)
|
(411)
|
(421)
|
(436)
|
(446)
|
(459)
|
(468)
|
(474)
|
(476)
|
(483)
|
(483)
|
(485)
|
(479)
|
(482)
|
(472)
|
(470)
|
(468)
|
(473)
|
(480)
|
(488)
|
(498)
|
(495)
|
(497)
|
(487)
|
(489)
|
(485)
|
(599)
|
(720)
|
(710)
|
(484)
|
(677)
|
(571)
|
(555)
|
(325)
|
(492)
|
(513)
|
(518)
|
(355)
|
(532)
|
(546)
|
(537)
|
(351)
|
(421)
|
(317)
|
(296)
|
(295)
|
(302)
|
|
| Gross Profit |
492
N/A
|
522
+6%
|
562
+8%
|
600
+7%
|
634
+6%
|
667
+5%
|
698
+5%
|
716
+3%
|
742
+4%
|
754
+2%
|
776
+3%
|
789
+2%
|
799
+1%
|
807
+1%
|
819
+1%
|
824
+1%
|
848
+3%
|
877
+3%
|
910
+4%
|
917
+1%
|
948
+3%
|
952
+0%
|
948
0%
|
955
+1%
|
965
+1%
|
946
-2%
|
958
+1%
|
931
-3%
|
899
-3%
|
892
-1%
|
863
-3%
|
872
+1%
|
862
-1%
|
1 059
+23%
|
1 273
+20%
|
1 275
+0%
|
893
-30%
|
1 211
+36%
|
976
-19%
|
926
-5%
|
551
-40%
|
843
+53%
|
982
+17%
|
1 015
+3%
|
781
-23%
|
1 155
+48%
|
1 247
+8%
|
1 285
+3%
|
901
-30%
|
1 091
+21%
|
839
-23%
|
783
-7%
|
740
-6%
|
683
-8%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(404)
|
(427)
|
(443)
|
(459)
|
(475)
|
(501)
|
(523)
|
(540)
|
(546)
|
(551)
|
(559)
|
(565)
|
(577)
|
(585)
|
(591)
|
(598)
|
(600)
|
(626)
|
(650)
|
(667)
|
(682)
|
(686)
|
(684)
|
(694)
|
(703)
|
(717)
|
(728)
|
(725)
|
(711)
|
(706)
|
(696)
|
(699)
|
(711)
|
(889)
|
(1 077)
|
(1 084)
|
(741)
|
(1 086)
|
(1 017)
|
(976)
|
(576)
|
(896)
|
(898)
|
(915)
|
(635)
|
(969)
|
(1 031)
|
(1 070)
|
(768)
|
(993)
|
(767)
|
(730)
|
(787)
|
(803)
|
|
| Selling, General & Administrative |
(375)
|
(373)
|
(391)
|
(404)
|
(446)
|
(575)
|
(603)
|
(621)
|
(537)
|
(550)
|
(556)
|
(564)
|
(538)
|
(582)
|
(587)
|
(592)
|
(551)
|
(621)
|
(643)
|
(661)
|
(622)
|
(683)
|
(682)
|
(691)
|
(638)
|
(711)
|
(720)
|
(715)
|
(644)
|
(699)
|
(690)
|
(694)
|
(641)
|
(878)
|
(1 065)
|
(1 075)
|
(556)
|
(1 082)
|
(1 010)
|
(971)
|
(394)
|
(902)
|
(914)
|
(929)
|
(481)
|
(971)
|
(1 028)
|
(1 063)
|
(594)
|
(980)
|
(761)
|
(724)
|
(788)
|
(797)
|
|
| Depreciation & Amortization |
(26)
|
(13)
|
(13)
|
0
|
(26)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(39)
|
0
|
0
|
0
|
(47)
|
0
|
0
|
0
|
(59)
|
0
|
0
|
0
|
(62)
|
0
|
0
|
0
|
(61)
|
0
|
0
|
0
|
(64)
|
0
|
0
|
0
|
(185)
|
0
|
0
|
0
|
(185)
|
0
|
0
|
0
|
(161)
|
0
|
0
|
0
|
(171)
|
0
|
0
|
0
|
0
|
0
|
|
| Other Operating Expenses |
(3)
|
(41)
|
(39)
|
(55)
|
(3)
|
74
|
80
|
81
|
0
|
(1)
|
(3)
|
(1)
|
(0)
|
(3)
|
(4)
|
(7)
|
(2)
|
(6)
|
(6)
|
(6)
|
(1)
|
(3)
|
(2)
|
(3)
|
(3)
|
(6)
|
(8)
|
(10)
|
(6)
|
(7)
|
(6)
|
(4)
|
(7)
|
(11)
|
(12)
|
(9)
|
0
|
(4)
|
(7)
|
(5)
|
4
|
5
|
16
|
14
|
7
|
2
|
(4)
|
(7)
|
(4)
|
(12)
|
(6)
|
(6)
|
1
|
(5)
|
|
| Operating Income |
89
N/A
|
95
+7%
|
119
+25%
|
141
+19%
|
159
+12%
|
166
+5%
|
174
+5%
|
176
+1%
|
196
+12%
|
203
+3%
|
218
+7%
|
224
+3%
|
222
-1%
|
222
0%
|
228
+3%
|
226
-1%
|
249
+10%
|
251
+1%
|
260
+4%
|
250
-4%
|
266
+6%
|
267
+0%
|
265
-1%
|
261
-1%
|
262
+0%
|
229
-13%
|
230
+1%
|
206
-10%
|
188
-9%
|
186
-1%
|
167
-10%
|
173
+4%
|
151
-13%
|
170
+13%
|
196
+15%
|
191
-3%
|
153
-20%
|
125
-18%
|
(41)
N/A
|
(50)
-21%
|
(25)
+50%
|
(54)
-116%
|
84
N/A
|
100
+19%
|
146
+46%
|
186
+27%
|
215
+16%
|
215
0%
|
133
-38%
|
98
-26%
|
72
-26%
|
53
-27%
|
(47)
N/A
|
(119)
-153%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
6
|
20
|
11
|
6
|
1
|
1
|
4
|
(1)
|
(3)
|
(5)
|
5
|
2
|
4
|
2
|
(8)
|
(6)
|
(5)
|
(6)
|
(8)
|
(10)
|
(11)
|
(12)
|
(13)
|
(14)
|
(13)
|
(10)
|
(12)
|
(9)
|
(11)
|
(11)
|
(10)
|
(13)
|
(12)
|
(21)
|
(32)
|
(35)
|
(31)
|
(50)
|
(54)
|
(54)
|
(18)
|
(29)
|
(21)
|
(20)
|
(19)
|
(28)
|
(25)
|
(27)
|
(29)
|
(41)
|
(25)
|
(26)
|
(30)
|
(34)
|
|
| Non-Reccuring Items |
(2)
|
(1)
|
(1)
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(38)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(5)
|
0
|
(0)
|
(0)
|
(2)
|
(2)
|
|
| Total Other Income |
(3)
|
(24)
|
(22)
|
(7)
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
0
|
(1)
|
0
|
(1)
|
0
|
(1)
|
0
|
0
|
0
|
1
|
0
|
(2)
|
(2)
|
(2)
|
(2)
|
2
|
2
|
(1)
|
(0)
|
3
|
(1)
|
|
| Pre-Tax Income |
89
N/A
|
90
+1%
|
107
+18%
|
140
+31%
|
154
+11%
|
167
+8%
|
179
+7%
|
175
-2%
|
188
+8%
|
198
+5%
|
221
+12%
|
226
+2%
|
221
-2%
|
222
+1%
|
218
-2%
|
218
0%
|
238
+9%
|
242
+2%
|
250
+3%
|
238
-5%
|
251
+6%
|
252
+0%
|
249
-1%
|
245
-2%
|
246
+0%
|
216
-12%
|
216
N/A
|
194
-10%
|
173
-11%
|
173
0%
|
155
-10%
|
158
+2%
|
136
-14%
|
148
+9%
|
162
+9%
|
155
-5%
|
117
-24%
|
73
-37%
|
(96)
N/A
|
(104)
-9%
|
(81)
+22%
|
(83)
-2%
|
64
N/A
|
81
+27%
|
123
+52%
|
156
+27%
|
188
+21%
|
186
-1%
|
101
-46%
|
58
-42%
|
46
-22%
|
26
-43%
|
(76)
N/A
|
(155)
-106%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(29)
|
(25)
|
(35)
|
(43)
|
(51)
|
(62)
|
(65)
|
(65)
|
(63)
|
(63)
|
(65)
|
(65)
|
(61)
|
(62)
|
(63)
|
(64)
|
(74)
|
(74)
|
(79)
|
(75)
|
(77)
|
(76)
|
(75)
|
(74)
|
(47)
|
(40)
|
(32)
|
(27)
|
(59)
|
(60)
|
(58)
|
(58)
|
(46)
|
(50)
|
(53)
|
(51)
|
(30)
|
(26)
|
(0)
|
(5)
|
8
|
(3)
|
(29)
|
(26)
|
(36)
|
(47)
|
(55)
|
(56)
|
(36)
|
(28)
|
(19)
|
(16)
|
8
|
24
|
|
| Income from Continuing Operations |
61
|
66
|
72
|
97
|
103
|
105
|
114
|
110
|
125
|
135
|
156
|
160
|
160
|
161
|
155
|
154
|
164
|
168
|
171
|
163
|
174
|
176
|
175
|
171
|
198
|
176
|
185
|
167
|
114
|
112
|
97
|
101
|
90
|
99
|
109
|
104
|
87
|
47
|
(96)
|
(109)
|
(73)
|
(86)
|
35
|
55
|
86
|
108
|
133
|
131
|
65
|
30
|
26
|
11
|
(68)
|
(131)
|
|
| Income to Minority Interest |
(12)
|
(14)
|
(17)
|
(21)
|
(22)
|
(24)
|
(24)
|
(21)
|
(20)
|
(17)
|
(15)
|
(12)
|
(10)
|
(8)
|
(8)
|
(7)
|
(7)
|
(6)
|
(5)
|
(4)
|
(2)
|
(1)
|
0
|
2
|
4
|
5
|
6
|
5
|
4
|
3
|
1
|
(0)
|
(2)
|
(3)
|
(3)
|
(3)
|
(0)
|
3
|
9
|
4
|
5
|
(0)
|
(7)
|
(2)
|
(2)
|
(3)
|
(0)
|
1
|
4
|
8
|
(0)
|
(1)
|
(0)
|
(0)
|
|
| Net Income (Common) |
49
N/A
|
52
+6%
|
55
+6%
|
76
+38%
|
81
+7%
|
81
0%
|
90
+11%
|
88
-2%
|
106
+20%
|
118
+12%
|
142
+20%
|
148
+5%
|
151
+1%
|
152
+1%
|
148
-3%
|
148
0%
|
157
+6%
|
162
+3%
|
167
+3%
|
159
-4%
|
173
+8%
|
176
+2%
|
175
-1%
|
173
-1%
|
202
+17%
|
180
-11%
|
190
+6%
|
172
-10%
|
119
-31%
|
115
-3%
|
98
-15%
|
100
+3%
|
88
-12%
|
96
+9%
|
106
+10%
|
101
-4%
|
87
-14%
|
50
-43%
|
(90)
N/A
|
(106)
-18%
|
(66)
+38%
|
(82)
-24%
|
30
N/A
|
52
+70%
|
79
+52%
|
99
+26%
|
130
+31%
|
131
+0%
|
70
-47%
|
38
-46%
|
26
-31%
|
9
-64%
|
(68)
N/A
|
(132)
-93%
|
|
| EPS (Diluted) |
0.29
N/A
|
0.3
+3%
|
0.32
+7%
|
0.45
+41%
|
0.48
+7%
|
0.48
N/A
|
0.53
+10%
|
0.52
-2%
|
0.63
+21%
|
0.69
+10%
|
0.84
+22%
|
0.88
+5%
|
0.89
+1%
|
0.91
+2%
|
0.88
-3%
|
0.88
N/A
|
0.93
+6%
|
0.97
+4%
|
0.97
N/A
|
0.95
-2%
|
1.02
+7%
|
1.04
+2%
|
1.03
-1%
|
1.02
-1%
|
1.2
+18%
|
1.06
-12%
|
1.12
+6%
|
1.01
-10%
|
0.7
-31%
|
0.68
-3%
|
0.58
-15%
|
0.6
+3%
|
0.52
-13%
|
0.57
+10%
|
0.63
+11%
|
0.6
-5%
|
0.52
-13%
|
0.3
-42%
|
-0.52
N/A
|
-0.62
-19%
|
-0.4
+35%
|
-0.46
-15%
|
0.16
N/A
|
0.31
+94%
|
0.46
+48%
|
0.59
+28%
|
0.79
+34%
|
0.79
N/A
|
0.42
-47%
|
0.23
-45%
|
0.16
-30%
|
0.06
-63%
|
-0.41
N/A
|
-0.79
-93%
|
|