Kering Aktie News

I downgrade Kering to a sell rating due to poor performance, particularly in China and Gucci, with no signs of near-term recovery. Kering's 1Q25 revenue fell 14% y/y, with declines across all major regions and brands, notably Gucci's 25% y/y drop. Gucci's ongoing struggles, including weak in-store traffic and ineffective product refreshes, are severely impacting Kering's overall earnings.

Das US-Analysehaus Bernstein Research hat das Kursziel für Kering FR0000121485 von 150 auf 170 Euro angehoben, aber die Einstufung auf "Market-Perform" belassen.

Kering - Press release - Description of the Share Buyback Program - April 24 2025     PRESS RELEASE   April 24, 2025   DESCRIPTION OF THE SHARE BUYBACK PROGRAM AUTHORIZED BY THE COMBINED GENERAL SHAREHOLDERS' MEETING OF APRIL 24, 2025, AND DELEGATION FROM THE BOARD OF DIRECTORS AT ITS MEETING OF APRIL 24, 2025   The General Shareholders' Meeting of April 24,2025 renewed the authorization given ...

2025 Annual General Meeting Approval of all resolutions

Gucci sales fell 25% in the first quarter to 1.6 billion euros. The decline contributed to a 14% decrease in owner Kering's revenues for the first three months.

Burberry Group PLC (LSE:BRBY) shares fell 3.4% after Paris-listed rival Kering, owner of the Gucci label, reported a larger fall in first-quarter sales than analysts had forecast. Posting results overnight, Kering said sales fell 14%, with a 25% drop at Gucci and 9% at Yves Saint Laurent.

The stock fell after the owner of Gucci and Yves Saint Laurent posted sales below analysts' expectations, unnerving investors as the group navigates a slowdown in luxury-goods spending.

Shares of Kering fell on Thursday after the French luxury goods group posted lower than expected first-quarter sales and pointed to further macroeconomic headwinds ahead. Revenues at the fashion giant plunged 14% year-on-year in the first quarter to 3.9 billion euros ($4.4 billion), below the 4.01 billion euros forecast by LSEG analysts.