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Richemont: Supportive Holiday Sales, Now A Pricey Valuation (Rating Downgrade)
Richemont's Q3 results exceeded expectations with €6.15 billion in sales, driven by strong performance in the Jewellery Maisons division, aligned with
Richemont’s Strong Sales Growth and Brand Performance Justify Buy Rating
Rogerio Fujimori, an analyst from Stifel Nicolaus, maintained the Buy rating on Compagnie Financiere Richemont SA (CFR – Research Report). The
Luxury stocks leap on Richemont's robust holiday sales
Shares of top luxury goods companies soared in European trading today, following a robust end-of-year sales report from Richemont (SIX:CFR), which owns the prestigious Cartier brand. The positive sales data has sparked optimism for a broader recovery in the luxury sector,
1d
Richemont Rises And Signet Falls As Jewelry Market Splinters Between True And Accessible Luxury
Richemont delivered stunning holiday quarter performance with luxury jewelry sales up 14%, while Signet reported holiday ...
2d
on MSN
Richemont stock is surging by the most ever. Other luxury plays are jumping too.
The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales ...
1d
Richemont’s Surprise Revenue Gain Lifts Luxury Stocks, Offering Hope to Brand Owners, Investors
Richemont outstripped expectations with a 10 percent jump in revenue during the key holiday quarter, offering hope that ...
2d
on MSN
Richemont Sales Soar in Early Sign of Luxury Recovery
Richemont sales unexpectedly jumped by a double-digit percentage during the holiday shopping season as consumers splurged on ...
2d
Cartier owner Richemont’s sales surge fuels hopes of luxury turnaround
Richemont , the owner of Cartier jewellery, on Thursday fuelled hopes of a revival for the beaten down luxury goods industry, ...
2d
Richemont posts record Q3 sales, led by jewelry division
The luxury firm saw a 10% uptick in the quarter, with fashion and accessories also showing double-digit growth.
2d
European Luxury Stocks Rise After Cartier Owner Richemont Beats Expectations
Shares in European luxury companies rose after the Swiss luxury group reported sales that surpassed analysts’ projections, ...
17h
Kepler Capital Keeps Their Buy Rating on Compagnie Financiere Richemont SA (CFR)
Kepler Capital analyst Jon Cox maintained a Buy rating on Compagnie Financiere Richemont SA (CFR – Research Report) on January 16 and set a ...
2d
Europe markets close higher; Richemont up 16% on quarterly results, boosting luxury sector
Luxury sector bellwether Richemont jumped 16% after reporting a better-than-expected 10% increase in fiscal third-quarter ...
2d
Heard on the Street: Luxury Investors Press ‘Buy Now’ Too Early After Richemont Earnings
American shoppers seem to be snapping up luxury again, but investors should still shop carefully. [European luxury stocks rose]( ...
1d
on MSN
European luxury stocks rally as Richemont posts record quarterly sales
Richemont reported strong quarterly results, driven by festival sales, despite ongoing weak demand in China. The robust ...
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Cartier
european luxury stocks
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