Kering SA (EPA: KER)
France
· Delayed Price · Currency is EUR | Market Cap | 37.33B |
| Revenue (ttm) | 19.57B |
| Net Income (ttm) | 2.98B |
| Shares Out | 123.42M |
| EPS (ttm) | 24.37 |
| PE Ratio | 12.41 |
| Forward PE | 15.92 |
| Dividend | 14.00 (4.63%) |
| Ex-Dividend Date | May 2, 2024 |
| Volume | 465,481 |
| Open | 310.50 |
| Previous Close | 314.55 |
| Day's Range | 299.20 - 311.00 |
| 52-Week Range | 299.20 - 546.80 |
| Beta | 1.12 |
| Analysts | n/a |
| Price Target | 365.10 (+20.69%) |
| Earnings Date | Jul 24, 2024 |
About Kering
Kering SA manages the development of a series of renowned houses in fashion, leather goods and jewelry in France, the Asia-Pacific, Western Europe, North America, Japan, and internationally. The company offers ready-to-wear products apparel and accessories for men and women. It also offers leather goods and shoes; watches and jewelry; eyewear products; and fragrances and cosmetics. The company provides Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo, Qeelin, Ginori 1735, Kering Beauté, and... [Read more]
Financial Performance
In 2023, Kering's revenue was 19.57 billion, a decrease of -3.86% compared to the previous year's 20.35 billion. Earnings were 2.98 billion, a decrease of -17.46%.
Financial StatementsNews
Very bad news for LVMH, Kering, Pernod Ricard stocks
LVMH, Kering, and Pernod Ricard stocks retreated on Wednesday as investors braced for retaliation from China. Kering, the parent company of Gucci, plunged by over 1.1% while Pernod Ricard fell by 0.75...
Tapestry Inc.
High fashion has long been dominated by European conglomerates: LVMH, Kering, Richemont. With a major acquisition in August 2023, Tapestry set itself up to be the U.S.’s first real contender in the sp...
Gucci focused on building ‘sound foundations’, Kering’s top executive says
Deputy chief executive Francesca Bellettini appointed last year as part of efforts to turn around flagship brand
Watch live: Kering deputy CEO Francesca Bellettini in conversation with Jo Ellison
Join us at the FT’s Business of Luxury summit for today’s closing keynote interview at 4pm BST (5pm GMT+2)
Kering: After A Huge Drop, A Luxury Discount
I find Kering currently deeply undervalued. Read more to see why I am bullish on PPRUF stock.
Burberry follows Gucci-owner Kering on downward sales trend as consumers snub mid-market luxury fashion
The Asia Pacific and Americas regions performed the worst for Burberry last quarter, with sales sliding by 17% and 12% respectively.
Kering: How To Identify A Potential Turnaround?
How Alibaba is leading the evolution of online luxury shopping
Alibaba’s Tmall Luxury Pavilion is the first e-commerce platform to collaborate with major luxury groups such as LVMH, Richemont and Kering, uplifting sales for high-end brands using new digital strat...
The fall of Gucci was inevitable
Gucci's growth under Alessandro Michele was unsustainable. Its new designer now faces a struggle to reenergize the Kering luxury fashion brand.
Hermès soars and Kering stumbles in widening luxury divergence
Quarterly sales at the two groups and market leader LVMH show the winning brands are those targeting the very wealthy
Kering: Description of the Share Buyback Program authorized by the Combined General Sharehoders' meeting
Kering - Press release - Description of the Share Buyback Program - April 25, 2024
Kering - Annual General Meeting of April 25, 2024 - Approval of all resolutions
2024 Annual General Meeting Approval of all resolutions
Kering CEO Pinault Unhappy With Gucci Owner’s Performance
The billionaire Pinault family, which controls the French fashion company that owns Gucci, isn’t happy with the performance of Kering SA.
Hermes emerges as the outlier with strong China sales, while the rest of luxury bleeds from the lack of shoppers
Sales jumped to $4.1 billion in the first quarter, and shares rose as much as 1.3%, beating LVMH Moet Hennessy Louis Vuitton SE and Gucci owner Kering SA.
Kering shares dive after first-half profit warning
The owner of Gucci saw its shares dive after warning on Kering's outlook for first-half profit.
Kering shares dive after first-half profit warning
The owner of Gucci saw its shares dive after warning on Kering's outlook for first-half profit.
Here's why Hermes, Burberry, and Kering stocks have diverged
Something is happening in the luxury goods industry. In France, Hermes (RMS) stock price has surged to a record high while Kering (KER) has plunged to its lowest level since October 2017.
Luxury sector outlook clouded by China's slow recovery
Sales updates from Europe's big luxury brands have offered scant reassurance that Chinese demand for high-end fashion is recovering, leaving a cloud over the outlook for the industry.
Kering guides lower after weak Gucci sales
CNBC's Robert Frank reports on news from French luxury group Kering.
Kering guides lower after weak Gucci sales
CNBC's Robert Frank reports on news from French luxury group Kering.
Time for Kering’s king to consider a step back
Kering Chairman and CEO François-Henri Pinault was 42 when his father François, the self-made billionaire who’d built his family company from a small Brittany sawmill into a French retail behemoth, ha...
Kering Shares Tumble, Tesla Misses on Earnings | Bloomberg Markets Today 04/24/2024
Tesla soars pre-market as it speeds up the plan for cheaper cars, investors overlook a big miss on earnings. Kering shares tumble as they warn profits will plunge.
Gucci's Hangover Saps Kering's Stock
Shares in the luxury-goods giant fell after it said it expects a decline of up to 45% in first-half recurring operating income from a year earlier.
Kering Shares Hit on Profit Warning
Shares in Kering dropped after the Gucci owner said it expected sharply lower operating profit in the first half, as it grapples with sluggish demand in China.
Gucci owner Kering struggles to revive the luxury fashion house, shares slip after it issued its second profit warning for 2024
Kering warned that recurring operating income will drop between 40% and 45% in the first six months of this year.