- Prada’s net revenue for the first 9 months of the year stands at EU3.34 billion, marking a 12% increase year over year.
- Royalties have seen a significant jump of 66%, bringing in EU73 million.
- Retail sales have also grown by 12%, amounting to EU2.98 billion.
- When accounting for constant foreign exchange rates, retail sales have increased by a larger margin of 17%.
- In the Asia Pacific, retail sales have risen by 15% to EU1.04 billion.
- European retail sales have grown by 13%, totalling EU941 million.
- However, retail sales in the Americas have dropped slightly by 2.5%, earning EU536 million.
- Japan has seen the highest growth in retail sales with a 34% increase, earning EU334 million.
- Retail sales in the Middle East have also seen an increase of 9.6%, totaling EU125 million.
- Wholesale sales have seen a smaller increase of 4.3%, bringing in EU291 million.
- When accounting for constant foreign exchange rates, wholesale sales have increased by 6%.
- Overall revenue at constant foreign exchange rates has seen a large increase of 17%.
- Retail sales of the Prada brand have risen by 13% year over year.
- The Miu Miu brand has seen a significant increase in retail sales by 49%.
- While sales in the Americas have remained mostly stable with a slight decrease of 1%, there has been a mild sequential improvement in Q3 compared to Q2.
- Japan has remained the best performing region with a sustained growth of 47% throughout the period, largely driven by local demand.
A look at Prada S.P.A. Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Prada S.p.A. is an Italian fashion company that has been making waves in the industry with their high-end leather goods, ready-to-wear, and footwear. According to the Smartkarma Smart Scores, Prada S.p.A. has a long-term outlook that is quite strong. The company is rated highly for its growth potential, with a score of 5, and also has good scores for its resilience and momentum, with a score of 3. While the company is not rated as highly for value and dividend, with scores of 2, it still indicates that Prada S.p.A. is in a strong overall position for the long-term.
Overall, the Smartkarma Smart Scores suggest that Prada S.p.A. has a positive long-term outlook. With strong scores for growth, resilience, and momentum, the company is set to continue to make a mark in the fashion industry. While not as highly rated for value and dividend, Prada S.p.A. still has a solid long-term outlook.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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