MILAN — Driven by gains in Greater China and the Americas, but dented by a cutback in wholesale distribution in Italy, Tod’s SpA said operating profits for the nine months to Sept. 30 fell 0.7 percent to 168 million euros, or $220 million, on a 0.4 percent increase in sales to 752.6 million euros, or $986 million.
Earnings before interest, taxes, depreciation and amortization totaled 199.5 million euros, or $261.3 million, with a 26.5 percent margin on sales, and were flat compared to the same period the previous year.
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