HERMES INTL S A Stock News

If The Market Makes A Correction: These 2 Dividend Growth Stocks Are A Strong Buy

The  S&P 500 Luxury Goods Index  has experienced a torrid start to the year, falling by nearly 5%. However, I wouldn't be worried about my luxury goods stocks if I were you.

Demand for the French brand's products is booming, thanks in part to an unusual strategy, as rivals struggle.

Luxury group stocks have had a mixed performance in 2023 as concerns about the sector rose. While Hermes (RMS) stock price is hovering near its all-time high, others like LVMH, Kering, and Richemont a

High fashion companies have high profit margins, growing revenues, and competitive advantage from successful historical brands. In this case, being European companies, it is important to consider the

Hermès continues to lead the luxury industry by consistently delivering impressive results despite growing industry concerns. Increasing profitability and robust cash flows demonstrate the resilience

As the consumer spending goes, so goes the U.S. economy and the stock market. In fact, it isn't only personal spending choices that have propped up the difficult-to-predict post pandemic economy.

CNBC's Robert Frank reports on spending pull backs from the luxury consumer and what it could be signaling for the economy at large.

CNBC's Robert Frank reports on the future of the luxury consumer.

Hermès is viewed, in my opinion, as the superior business due to its longer history, focus on its own brand, and its financial results over the last decade. LVMH is also a high-quality business with

Strong demand from Europe and China has fueled growth for Hermes and LVMH Moet Hennessy. Each company is expanding its margins, growing profits, and paying a dividend.

Hermès International Société en commandite par actions (OTCPK:HESAY) Q2 2023 Earnings Conference Call July 28, 2023 8:00 AM ET Company Participants Axel Dumas - Chief Executive Officer Eric du Halg

Hermès has been a top-performing investment over the past five years, returning 273% through price appreciation and dividends, as the company showcased industry-leading operating margins, growth, and

Many retailers are seeing consumers become more cautious with their spending. Luxury retailers had been resilient, but now investors are growing concerned these companies could start seeing a slowdown

Consumer spending has been surprisingly resilient despite recession fears. The valuation of luxury goods makers fell in anticipation of a downturn.