Kering SA (ETR: PPX)
Market Cap | 30.76B |
Revenue (ttm) | 18.45B |
Net Income (ttm) | 2.08B |
Shares Out | n/a |
EPS (ttm) | 16.94 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | May 2, 2024 |
Volume | 960 |
Open | 238.05 |
Previous Close | 229.15 |
Day's Range | 238.05 - 253.45 |
52-Week Range | 218.65 - 437.70 |
Beta | n/a |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Oct 18, 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
Temu Sales of Cheap Knockoffs Are Soaring. The Threat to Brands Like Gucci and Hermès.
Online Chinese discounters like Temu now offer ultracheap items—“dupes”— that look remarkably similar to fancier goods, even if they don't stand up to scrutiny.
Gucci-Owner Kering Slumps to 2017 Low on China Demand Fears
French fashion designer Kering SA slumped to a seven-year low on worries about demand in China, with the Gucci brand owner among the worst-hit stocks in the recent luxury-sector selloff.
How Europe's 'luxury answer' to US' 'Magnificent Seven' tech cos is staring at $200 bn-plus loss
Europe's luxury brands are facing challenges amid a tough global economy and China's economic downturn. Major companies like Kering, Burberry, and Hugo Boss have issued profit warnings. LVMH reported ...
Kering share price: here's why Gucci parent is falling apart
Kering (KER) share price has imploded this year as concerns about its strategy and business growth continued. It has dropped in the last two consecutive months, moving to its lowest point since August...
Is Gucci Dead? Think Again
Kering's shares are plummeting due to a demand pullback and brand reinvention, with Gucci experiencing a significant revenue drop. Gucci's revitalization efforts may take years to show results, but hi...
Kering: Rating Downgrade On Poor H2 2024 Outlook
Kering's recent financial results were disappointing, with a sharp decline in sales driven by poor performance in major brands, especially Gucci. The near-term outlook for Kering is weak due to a slow...
Kering SA (PPRUF) Q2 2024 Earnings Call Transcript
Kering SA (OTCPK:PPRUF) Q2 2024 Earnings Conference Call July 24, 2024 9:15 AM ET Company Participants Armelle Poulou - CFO Francesca Bellettini - Deputy CEO Jean-Marc Duplaix - Deputy CEO Conference ...
Despite A 20% Plunge In Sales, Gucci's Turnaround Is Getting Started
Kering just delivered depressing first-half 2024 results. Group revenues at $9.8 billion (€9.0 billion) were off 11% from same period last year and worse, recurring operating income tanked 42% to $1.7...
Shares of Gucci-owner Kering hit seven-year low after weak forecast, revenue drop on low China sales
CNBC's Becky Quick reports on the latest news.
Gucci-owner Kering drops to seven-year low after weak forecast, revenue drop on low China sales
Shares in Gucci-owner Kering fell on Thursday after the luxury group announced a sharp decline in revenue in the first half of the year.
Kering: 2024 First-half report
KERING_First-half report 2024 - 24 07 2024
Kering: Availability of the 2024 First-half report
KERING_Press release -Availability of the 2024 First-half report - 24 07 2024
Gucci-owner Kering forecasts 30% fall in H2 operating profit on sluggish China demand
Kering reported a bigger-than-expected drop in second-quarter sales and forecast a weak second half, as the French luxury group works to revive its key label Gucci while facing subdued demand from Chi...
Kering: Press release - First-half 2024 results
KERING_Press release - First-half 2024 results - 24 07 2024
Gucci's Owner Lost His Patience. What Came Next Was a Grand Reinvention.
LONDON—Hours before a star-studded runway show at the Tate Modern museum in May, Gucci's billionaire owner, François-Henri Pinault, huddled with his newly installed leadership team at its London offic...
Still A Good 15%+ Upside From Kering
Kering remains a solid investment with significant upside potential, despite recent declines in share price. Company's focus on luxury brands like Gucci, Balenciaga, and Yves Saint Laurent contributes...
Kering: Half-yearly achievement report on Kering share quotations liquidity mandate
Press release - half yearly achievement report on Kering share quotations liquidity mandate - July 2024
Kering shares jump on double upgrade of Gucci owner by Bank of America
Kering's push to boost the performance of its flagship brand Gucci could start showing results imminently, analysts at Bank of America said on Thursday, as they gave the luxury stock a double upgrade ...
Kering: The Epic Comeback Is Possible
Kering's price per share has dropped by about 60% in 3 years due to strategic choices, real estate investments, and shrinking Chinese demand. Gucci's creative director Alessandro Michele leaving and C...
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...
Kering: After A Huge Drop, A Luxury Discount
Kering shares experienced a two-years-long drawdown, losing more than half from their peak price.
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 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.