Ferragamo shares rise on better than expected 2025 profit
Ferragamo shares rose 8% on Thursday after 2025 operating profit beat forecasts. The group plans to close 70 stores while seeing growth in the United States.
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Shares of Salvatore Ferragamo S.p.A. surged by more than 8% during morning trading on Thursday in Italy after the luxury group reported 2025 operating profits that exceeded market expectations. The Florence-based company announced an adjusted earnings before interest and taxes (EBIT) of 24.3 million euros ($28.08 million). While this represents a 30% decline compared to the previous year, the result outperformed analyst projections, boosting investor confidence.
