"Ferrari Revs Up: Luxury Sports Car Maker Exceeds Expectations Despite Slowing Sales. Ferrari has announced a boost to its full-year guidance, driven by strong second-quarter earnings and profitability. The Italian luxury sports car brand credited limited-edition models such as the F80 and the highly anticipated Purosangue for contributing to its improved financial performance. Despite lower deliveries, Ferrari's ability to command premium prices for its exclusive vehicles has helped offset declining sales volumes, a trend that is expected to continue in the coming months."
Ferrari raised its full-year guidance as limited models such as the F80 and Purosangue drive higher second-quarter earnings and profitability despite lower deliveries.
