Cucinelli's shares rise after Q2 sales beat, guidance upgrade

Brunello Cucinelli

31/07/2026 11:15

** Shares in Italy's Brunello Cucinelli BCU.MI are up 2.9% after raising its guidance and posting Q2 sales above expectations on the back of its Direct-to-Consumer (DTC)performance and lower costs 
** Sales in the April to June period came in at €380 million  ($437.19 million), above a Visible Alpha consensus of €375 million cited by Jefferies 
** The luxury firm now sees its revenue growing 10-11% at constant exchange rates in 2026, up from +10% previously
** Brokerage EQUITA confirms its FY sales estimates and raises EBIT forecast by 1%, maintaining an annual growth assumption slightly above guidance for FY2027-28
** "The implications in terms of earnings revisions are rather modest, making the shares' prospects still geared to investors' acceptance that the immaturity of the brand deserves a fuller reward relative to peers with lengthier heritage," says Jefferies 
** Including Friday's rise, the stock is down 11% YTD


($1 = 0.8692 euros)

 (Reporting by Fabrizio La Rocca)
 ((fabrizio.larocca@thomsonreuters.com))