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MONC — Moncler News Story

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Italy's Moncler Q1 revenue rises on robust Asia, DTC performance

Overview

Italy luxury outerwear maker's Q1 revenue rose 12% cFX to EUR 881 mln

Growth driven by double-digit gains at Moncler (+12%) and Stone Island (+11%) brands

Company saw strong DTC channel and Asia performance, while EMEA growth was subdued

Outlook

Company did not provide specific guidance for the current or future periods in the press release

Result Drivers

DTC CHANNEL - Moncler said strong growth in direct-to-consumer channel drove revenue at Moncler brand, with DTC up 14% cFX YoY

ASIA PERFORMANCE - Revenues in Asia rose 22% cFX YoY for Moncler brand, supported by positive contributions from local customers and tourists, with China and Korea outperforming

EMEA SUBDUED - EMEA revenue declined 1% cFX YoY for Moncler brand, mainly due to ongoing subdued tourism flows into the region

Company press release: ID:nBIA8x2StX

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 RevenueEUR 880.6 mln
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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