Hermès International Société en commandite par actions (EPA: RMS)
France
· Delayed Price · Currency is EUR | Market Cap | 224.12B |
| Revenue (ttm) | 13.43B |
| Net Income (ttm) | 4.31B |
| Shares Out | 105.57M |
| EPS (ttm) | 41.12 |
| PE Ratio | 52.11 |
| Forward PE | 50.25 |
| Dividend | 13.50 (0.63%) |
| Ex-Dividend Date | May 2, 2024 |
| Volume | 60,771 |
| Open | 2,167.00 |
| Previous Close | 2,173.00 |
| Day's Range | 2,137.00 - 2,168.00 |
| 52-Week Range | 1,641.00 - 2,436.00 |
| Beta | 0.72 |
| Analysts | n/a |
| Price Target | 2,396.40 (+11.98%) |
| Earnings Date | Jul 25, 2024 |
About Hermes
Hermès International Société en commandite par actions engages in the production, wholesale, and retail of various goods. The company offers leather goods and saddlery, such as bags for men and women, travel articles, small leather goods and accessories, saddles, bridles, and a full range of equestrian products and clothing; ready-to-wear garments for men and women; and accessories, including jewelry, belts, hats, gloves, the Internet of Things products, and shoes. It also provides silk and textiles for men and women; art of living and tablewar... [Read more]
Financial Performance
In 2023, RMS's revenue was 13.43 billion, an increase of 15.73% compared to the previous year's 11.60 billion. Earnings were 4.31 billion, an increase of 28.04%.
Financial StatementsNews
Champagne, caffeine and chaos: Fashion week descends on Paris
Louis Vuitton, Dior, Hermes, Rick Owens, Loewe, Kenzo and Dries Van Noten all introduce new collections in Paris.
Unpacking Hermès: A Model For Luxury Brand Success
Hermès has maintained revenue growth and has a healthy balance sheet, but valuation multiples are high. Learn why I rate HESAY stock a hold.
Why this event maestro takes a bath every single morning
Katerina Grant is the founder and director of The World Of, an events agency that produces experiences for clients such as Hermes, Louis Vuitton and Tommy Hilfiger.
Fashion group Hermes vows to 'vigorously defend itself' against Birkin lawsuit
Fashion company Hermes vowed to 'vigorously defend itself' in a lawsuit filed against it in California claiming it unlawfully allows only customers with "sufficient purchase history" with the company ...
EFG Hermes concludes advisory on Hermes securities brokerage companys fifth, EGP 600mln senior unsecured short-term note issuance
This issuance comes as the second successful closure in a wider, two-year EGP 2 billion program
Hermès Sales Surge Amid Exclusive Birkin Wave—Despite Global Luxury Slump
Hermès—the coveted Birkin and Kelly bag maker—reported a 17% jump in first-quarter sales Thursday on the back of strong leather goods sales and Chinese demand, bucking the global luxury slowdown.
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.
Hermes Sales Increase With Growth Across All Markets
Hermes sales grew across its regions in the first three months of the year, helped by its wealthier client base during a quarter that was expected to be challenging for the luxury sector as a whole.
Hermes Q1 sales jump 17% on growth across regions
Birkin bag maker Hermes reported a 17% surge in first-quarter sales on Thursday, sustaining a rapid growth rate from the previous quarter and underlining strong demand for high end luxury.
Hermès International: First Quarter 2024 Revenue
Quarterly information report as at the end of March 2024 Solid sales growth in the first quarter (+17% at constant exchange rates and +13% at current exchange rates) Paris, 25 April 2024 The group's c...
Hermes International: Q1 2024 And FY 2024 Should See Strong Sales As Well
Hermes International receives a buy rating due to anticipated strong performance and price increases, driven by demand growth. Read more here.
Meet Europe's Mag 18. Novo Nordisk Stock, ASML, and Others Can Rival the Mag Seven.
The Mag Seven stocks have powered gains in the U.S. market. Now, the hunt is on for an equivalent group of outperformers elsewhere.
Prada, Gucci, Louis Vuitton Brace For Sales Slump As China's Economic Turbulence Hits Luxury Market
The luxury goods industry is preparing for a substantial decline in sales, attributed to China’s subdued demand and challenging comparisons with the sales spike following the COVID-19 pandemic last ye...
The Seven Wonders of Europe adds to bull market in acronyms
Forget AI plays, meme stocks, gold, even cocoa futures — the biggest bull market right now is in equity acronyms.
Hermès lawsuit claims luxury retailer reserves its famed Birkin bags only for its biggest spenders
Hermes is being targeted in a new lawsuit accusing the luxury retailer of selling its coveted Birkin handbags only to customers who have spent exorbitant amounts of money at the store on other goods.
Hermès sued over claims it refused to sell shoppers Birkin bags
Hermès has been sued over claims it unlawfully allows only customers with "sufficient purchase history" with the company to buy its famous Birkin bags.
Luxury fashion house sued over Birkin bag sales
Hermes is facing an antitrust class action which alleges it only allows customers with "sufficient purchase history" to buy the infamous Birkin handbags.
Hermès Faces Antitrust Suit Around Birkin Handbag Sales Practices
French luxury house Hermès faces an antitrust lawsuit in California around its Birkin handbags.
Hermes makes coveted Birkin bags too hard to buy, US shoppers say in lawsuit
The company requires potential buyers to spend thousands on other products just for a chance to access the leather status symbols, the court filing says.
LVMH, Hermes, Prada share prices hit as Kering nosedives
Luxury goods stocks came under pressure on Wednesday as concerns about the Chinese market continued. Kering share price crashed by more than 10% after the company published weak financial results.
Here's why the Hermes stock is beating LVMH and Kering
Hermes (EPS: RMS) stock price is thriving, becoming one of the best-performing companies in the CAC 40 index. It has jumped by more than 35% in the past 12 months while the CAC 40 is up by less than 1...
Hermes Sales Surge on Growth in Japan, Americas
Hermes saw fourth-quarter revenue climb 17.5% at constant exchange rates as sales surged at the end of last year. The company also announced plans for an exceptional dividend of €10 a share.
Hermes Weathers Sector Slowdown as Sales Surge
Hermes said it is moving into 2024 with confidence after the Birkin bag maker reported a surge in fourth-quarter sales despite a slowdown in the overall luxury sector.
10 stocks for investors looking for ‘wonderful companies at a fair price'
As money managers talk about various methods of selecting quality companies, investors might also think about diversification, which can lower risk and broaden opportunities.
Hermès Shines in a Scruffy Luxury Market
Demand for the French brand's products is booming, thanks in part to an unusual strategy, as rivals struggle.