Brunello Cucinelli raises 2026 outlook after beating Q3 sales forecasts

By Reuters News

MILAN, Oct 15 (Reuters) - Brunello Cucinelli BCU.MI posted on Thursday a double-digit growth in third-quarter revenues, standing out in a luxury sector still grappling with a prolonged slowdown, and raised guidance for the current year.

  • The Italian luxury group raised its full-year 2026 revenue growth outlook to around 12% at constant exchange rates, from a previous 10%-11%

  • Third-quarter revenue rose 13.5% at constant exchange rates to €374.2 million ($419.25 million)

  • Third-quarter revenue exceeded an LSEG consensus estimate €370 million based on five analysts

  • For 2027, Brunello Cucinelli forecast revenue growth of about 10%

  • The company said family control supports its long-term strategy


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