Cartier-owner Richemont's Q1 sales beat forecasts
15/07/2026 06:36
Cartier-owner Richemont's Q1 sales beat forecasts ZURICH, July 15 (Reuters) - Cartier jewellery owner Richemont CFR.S reported better-than expected results for its first quarter on Wednesday, helped by booming growth in Asia and the Americas.
The company, which also owns Swiss watch brands Piaget and IWC, said its sales rose by 20% when measured in constant currencies to €6.33 billion ($7.24 billion) in the three months to the end of June.
The figure beat analyst forecasts for €5.90 billion in a consensus compiled by Visible Alpha.
($1 = 0.8744 euros)
(Reporting by John Revill, editing by Kirsti Knolle)
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