Kering SA (PPRUY)
| Previous close | 36.96 |
| Open | 37.42 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 35.93 - 37.74 |
| 52-week range | 35.56 - 64.69 |
| Volume | |
| Avg. volume | 194,346 |
| Market cap | 44.046B |
| Beta (5Y monthly) | 1.13 |
| PE ratio (TTM) | 13.82 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 1.50 (4.05%) |
| Ex-dividend date | 30 Apr 2024 |
| 1y target est | N/A |
- Reuters
UPDATE 1-Gucci-owner Kering posts 10% drop in Q1 sales on sluggish Chinese demand
French luxury group Kering reported a 10% drop in first-quarter sales on Tuesday, dragged down by a slowdown at its star label Gucci, which suffered from weakness in Asia while undergoing a design overhaul. The group said its first half operating profit would be "sharply lower" due to the revenue decline and its ongoing investment in its brands. Kering had warned on March 19 that sales over the period were likely to drop by around 10%, dashing hopes it had stemmed sales declines at Gucci, the century-old Italian fashion house which accounts for half of group sales and two-thirds of profit.
- Reuters
Gucci-owner Kering posts 10% drop in Q1 sales on sluggish Chinese demand
PARIS (Reuters) -French luxury group Kering reported a 10% drop in first-quarter sales on Tuesday, dragged down by a slowdown at its star label Gucci, which suffered from weakness in Asia while undergoing a design overhaul. The group said its first half operating profit would be "sharply lower" due to the revenue decline and its ongoing investment in its brands. Kering had warned on March 19 that sales over the period were likely to drop by around 10%, dashing hopes it had stemmed sales declines at Gucci, the century-old Italian fashion house which accounts for half of group sales and two-thirds of profit.
- Reuters
Kering picks luxury veteran Cantino as Gucci deputy CEO
French luxury group Kering on Thursday named former Louis Vuitton and Prada communications executive Stefano Cantino as deputy CEO of Gucci to help steer a revival of the Italian label. Cantino, who will start on May 2, will report to Jean-François Palus, Gucci's President and CEO, the statement said. "In this newly created position, Stefano Cantino will share with Jean-François Palus the responsibility to define and implement the brand strategy," it said.
