Cartier Owner Richemont’s Sales Beat Buoys Luxury Stocks
Cartier owner Richemont reported better-than-expected quarterly sales, triggering a rally in luxury stocks, after its core jewelry division bucked a downturn in demand for high-end goods.
Richemont stock is surging by the most ever. Other luxury plays …
6 days ago · Richemont, whose brands include Cartier and Montblanc, said fiscal third-quarter ending Dec. 31 sales rose 10% to €6.15 billion ($6.3 billion), far ahead of consensus expectations of just 1% growth.
Buy Rating on Richemont Driven by Strong Sales, Strategic …
1 day ago · Analyst Rogerio Fujimori from Stifel Nicolaus maintained a Buy rating on Compagnie Financiere Richemont SA (CFR – Research Report) and increased the price target to CHF180.00 from CHF152.00 ...
Cartier-owner Richemont beats expectations as jewellery sales …
6 days ago · Lofty expectations pose tough earnings test for Wall Street; ... Richemont’s business in greater China continued to underperform the rest of the group in the three months to December, with sales ...
Richemont stock is surging by the most it's ever done in one day.
6 days ago · Richemont, whose brands include Cartier and Montblanc, said fiscal third-quarter ending Dec. 31 sales rose 10% to EUR6.15 billion ($6.3 billion), far ahead of consensus expectations of just 1% growth.
Wall Street rally loses steam as European luxury shares advance
5 days ago · Wall Street equities finished lower Thursday following a mixed US retail sales report, while European luxury stocks pushed higher ... Sales in Richemont’s Asia-Pacific region fell seven percent ...
Cautious Hold Rating on Compagnie Financiere Richemont SA …
Nov 10, 2024 · Compagnie Financiere Richemont SA (CFR – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst today. Analyst Oliver Chen from TD Cowen maintained a Hold...
Cartier Owner Richemont’s Sales Fall as Luxury’s China Woes Linger
Cartier owner Richemont said weaker consumer spending in China hit sales, particularly at its watch brands, as a luxury downturn that is hurting most players in the industry rumbles on.
Richemont Posts Slowing Sales Growth Amid Challenging …
Compagnie Financiere Richemont posted a slowdown in sales growth for the first-half of fiscal 2024 due to inflation, slowing economic growth and geopolitical tensions that hurt customer sentiment.
Compagnie Financière Richemont SA (SWX: CFR) - Stock Analysis
Jan 14, 2025 · Get the latest Compagnie Financière Richemont SA (SWX: CFR) stock price quote with financials, statistics, dividends, charts and more.
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