(BFW) Tod’s 1Q Rev., Ebit Beats Ests., YTD Comp Sales Down 6.7%

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Tod’s 1Q Rev., Ebit Beats Ests., YTD Comp Sales Down 6.7% 2014-05-14 15:45:25.401 GMT

By Heather Burke May 14 (Bloomberg) -- Tod’s 1Q sales EU253.8m, est. EU246.3m. * 1Q Ebitda EU56.8m, est. EU54.9m * 1Q Ebit EU46.3m, est. EU45.1m * 1Q total sales constant FX up 2.2%, est. down 1.4% (median of 12) * Same store sales down 6.7% in 1st 19 wks to May 11 * 1Q Italy sales down 10% constant FX, Europe ex-Italy up 12% * Earnings preview here * Call 6pm CET

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To contact the reporter on this story: Heather Burke in London at +44-20-7673-2044 or hburke2@bloomberg.net To contact the editor responsible for this story: James Ludden at +44-20-7673-2645 or jludden@bloomberg.net