Stock Analysis
Geox (BIT:GEO) First Half 2024 Results
Key Financial Results
- Revenue: €320.4m (down 9.4% from 1H 2023).
- Net loss: €15.4m (loss widened by 60% from 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Geox Earnings Insights
Looking ahead, revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Luxury industry in Italy.
Performance of the Italian Luxury industry.
The company's shares are down 5.9% from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Geox's balance sheet and an in-depth analysis of the company's financial position.
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This article by Simply Wall St is general in nature. We provide commentary 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. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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About BIT:GEO
Geox
Geox S.p.A. creates, produces, promotes, and distributes footwear and apparel to retailers and end consumers in Italy, Europe, North America, and internationally.
