Prada Spa ADR ( (PRDSY) ) has released its Q3 earnings. Here is a breakdown of the information Prada Spa ADR presented to its investors.
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Prada S.p.A. is a leading luxury fashion company known for its high-end clothing, leather goods, and accessories, operating primarily in the fashion and retail industry with a global presence.
In its latest earnings report, Prada Group announced unaudited net revenues of €4.07 billion for the nine months ending September 30, 2025, marking a 9% increase year-over-year at constant exchange rates. This growth was driven by robust retail sales across various regions and a significant rise in Miu Miu’s sales.
Key financial highlights include a 9.3% increase in retail net sales, with Miu Miu showing a remarkable 41% growth, while Prada’s sales saw a slight decline of 1.6%. Geographically, the Middle East and Americas led the growth with 21% and 15% increases, respectively. Wholesale sales also rose by 4.4%, supported by the duty-free channel, and royalty income grew by 11.4%, benefiting from eyewear and beauty segments.
The company experienced double-digit growth in Asia Pacific and solid performances in Europe and Japan, despite high tourism comparisons from the previous year. The Americas showed sequential acceleration in the third quarter, and the Middle East maintained strong sales, albeit moderating against high previous year comparisons.
Looking ahead, Prada Group remains cautiously optimistic, focusing on strategic growth across its brands and regions, while navigating currency fluctuations and market dynamics.