Brief: Kering Q3 Total Revenue EUR 3.35 Billion
BRIEF-Kering Q3 Total Revenue EUR 3.35 Billion Oct 22 (Reuters) - Kering SA PRTP.PA:
Q3 TOTAL REVENUE EUR 3.35 BILLION, -1% ON COMPARABLE BASIS (VISIBLE ALPHA CONSENSUS: EUR 3.34 BILLION, -0.9% ON COMPARABLE BASIS)
Q3 GUCCI REVENUE EUR 1.29 BILLION, -6% ON COMPARABLE BASIS (VISIBLE ALPHA CONSENSUS: EUR 1.29 BILLION, -5% ON COMPARABLE BASIS)
CONFIRMS ITS OBJECTIVE OF IMPROVING ITS RECURRING OPERATING MARGIN IN 2026
IMPROVING FY PROFIT MARGIN REMAINS OBJECTIVE - CFO
GUCCI: SALES FROM THE DIRECTLY OPERATED RETAIL NETWORK DECLINED BY 9% ON A COMPARABLE BASIS
CFO, ASKED IF RETURN TO OVERALL GROWTH REMAINS STILL THE AIM FOR 2026, DECLINES TO COMMENT
SAINT LAURENT CONTINUED TO GROW IN THIRD QUARTER - CFO
HAVE REDUCED STORE FOOTPRINT BY 105 LOCATIONS THIS YEAR, AIMING FOR 125 CLOSURES BY YEAR-END - CFO
Source text: ID:nGNE35sHx5
Further company coverage: PRTP.PA
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
Recent news on Kering SA
See all newsFrench retailers brace for bleak Christmas as protests darken festive mood
Corrected: UPDATE 1-Symrise heads for worst day in 18 years on growth, margin woes
Symrise flags slower Q4 growth, spending pressure on margins
France's luxury stores board up windows ahead of fresh protests (updated)
France's luxury stores board up windows ahead of fresh protests