TOD'S S.p.A. (TOD.MI)
| Previous close | 40.40 |
| Open | 40.40 |
| Bid | 40.28 x 0 |
| Ask | 40.50 x 0 |
| Day's range | 40.36 - 40.78 |
| 52-week range | 28.42 - 56.30 |
| Volume | |
| Avg. volume | 86,473 |
| Market cap | 1.338B |
| Beta (5Y monthly) | 1.09 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -0.18 |
| Earnings date | 07 Sept 2022 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 20 May 2019 |
| 1y target est | 39.21 |
- Reuters
Tod's owners in $344 million bid to take it private, split group
The Della Valle brothers said in a statement their holding company would offer to buy Tod's shares at 40 euros each, a 20.4% premium to Tuesday's closing price, valuing the company at 1.32 billion euros. French luxury giant LVMH will retain its 10% stake, after raising it last year in a move that Tod's said reinforced the 20-year friendship between the two companies' respective founders, Bernard Arnault and Diego Della Valle. "The objective is to enhance the value of the group's individual brands, giving them strong individual visibility and operational autonomy," the Della Valles said in the statement.
- Reuters
Tod's says China lockdowns won't derail 2022 results
MILAN (Reuters) -Italian luxury shoe maker Tod's sees analysts' expectations for 2022 sales and profitability as achievable despite a marked slowdown in China due to widespread COVID-19 restrictions, its finance chief said. The company said 30% of its stores in China are closed and online deliveries have stopped because its distribution hub is in Shanghai, where heavy restrictions have been in place since mid-March. Chief Financial Officer Emilio Macellari said that a 40% sales decline in the second quarter in the country - a key market for luxury groups - was a possibility, but it would depend on how long the curbs last.
- Reuters
Italy's Tod's optimistic on 2022 after beating FY profit forecast
The leather goods maker beat market expectations on Thursday with earnings before interest and taxes (EBIT) of 24.2 million euros ($26.6 million) versus a 3 million euro analyst forecast in a company-provided consensus. "Year-to-date sales trends in our stores are very good, confirming the growing appreciation of customers for both our brands and products," founder and main shareholder Diego Della Valle said.
