Kering SA (ETR: PPX)

Germany flag Germany · Delayed Price · Currency is EUR
248.10
+18.95 (8.27%)
Sep 26, 2024, 5:03 PM CET
-43.55%
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]

Industry Luxury Goods
Founded 1963
Employees 48,964
Stock Exchange Deutsche Börse Xetra
Ticker Symbol PPX
Full Company Profile

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 Statements

News

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.

7 days ago - Barrons

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.

17 days ago - BNN Bloomberg

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 ...

18 days ago - The Times of India

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...

24 days ago - Invezz

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...

2 months ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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 ...

2 months ago - Seeking Alpha

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...

2 months ago - Forbes

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.

2 months ago - CNBC Television

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.

2 months ago - CNBC

Kering: 2024 First-half report

KERING_First-half report 2024 - 24 07 2024

2 months ago - GlobeNewsWire

Kering: Availability of the 2024 First-half report

KERING_Press release -Availability of the 2024 First-half report - 24 07 2024

2 months ago - GlobeNewsWire

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...

2 months ago - Reuters

Kering: Press release - First-half 2024 results

KERING_Press release - First-half 2024 results - 24 07 2024

2 months ago - GlobeNewsWire

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...

2 months ago - WSJ

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...

2 months ago - Seeking Alpha

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

3 months ago - GlobeNewsWire

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 ...

3 months ago - Market Watch

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...

3 months ago - Seeking Alpha

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...

3 months ago - Invezz

Kering: After A Huge Drop, A Luxury Discount

Kering shares experienced a two-years-long drawdown, losing more than half from their peak price.

4 months ago - Seeking Alpha

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

5 months ago - GlobeNewsWire

Kering - Annual General Meeting of April 25, 2024 - Approval of all resolutions

2024 Annual General Meeting Approval of all resolutions

5 months ago - GlobeNewsWire

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.

5 months ago - CNBC International TV

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.

5 months ago - Invezz