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Kering Q3 Total Revenue EUR 3.35 Billion

By Reuters News

Oct 22 (Reuters) - Kering SA PRTP.PA:

  • Q3 TOTAL REVENUE EUR 3.35 BILLION, -1% ON COMPARABLE BASIS (VISIBLE ALPHA CONSENSUS: EUR 3.34 BILLION, -0.9% ON COMPARABLE BASIS)

  • Q3 GUCCI REVENUE EUR 1.29 BILLION, -6% ON COMPARABLE BASIS (VISIBLE ALPHA CONSENSUS: EUR 1.29 BILLION, -5% ON COMPARABLE BASIS)

  • CONFIRMS ITS OBJECTIVE OF IMPROVING ITS RECURRING OPERATING MARGIN IN 2026

  • IMPROVING FY PROFIT MARGIN REMAINS OBJECTIVE - CFO

  • GUCCI: SALES FROM THE DIRECTLY OPERATED RETAIL NETWORK DECLINED BY 9% ON A COMPARABLE BASIS

  • CFO, ASKED IF RETURN TO OVERALL GROWTH REMAINS STILL THE AIM FOR 2026, DECLINES TO COMMENT

  • SAINT LAURENT CONTINUED TO GROW IN THIRD QUARTER - CFO

  • HAVE REDUCED STORE FOOTPRINT BY 105 LOCATIONS THIS YEAR, AIMING FOR 125 CLOSURES BY YEAR-END - CFO

Further company coverage: PRTP.PA

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