The stock was up 11% a after the company's flagship label reported sales down 2% organically on year—beating the 5% drop expected by analysts.
Shares in Kering were poised to rise 10% on Wednesday, after quarterly sales at the luxury group's flagship brand Gucci beat market expectations thanks ​to strong U.S. demand for its new handbags.
Kering SA (PPRUY) Q2 2026 Earnings Call Transcript
The French luxury group logged higher revenue of $4.15 billion in its latest quarter, even as Gucci's revenue fell 3%.
Sales at Kering's flagship brand Gucci fell 2% in the second quarter ​from a year earlier, the luxury group said ‌on Tuesday, beating expectations for a bigger drop as U.S. demand for its new hand
The CAC 40 Index has moved sideways in the past few weeks. It has slipped from this month's high of 8,561 to the current 8,337.
In connection with the deal, Kering expects to license out the Gucci beauty brand to L'Oréal starting in mid-2027, which will begin their 50-year exclusive licensing agreement ahead of schedule.
Kering Société anonyme with a share capital of €493,683,112Head office: 40, rue de Sèvres – 75007 PARIS552 075 020 RCS PARIS
Kering SA (PPRUY) Shareholder/Analyst Call Transcript
Post-AGM press release - May 28 2026
Kering - Press release - Description of the Share Buyback Program - May 28, 2026
Kering - Statement Number of Shares and voting rights - 15.05.2026
Italy's largest unions have called a strike on ​May 20 across all companies ‌of French luxury group Kering , which has offices and a significant share ​of its production in the ​country, citin
Kering - Statement Number of Shares and voting rights - 15.04.2026
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