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MONC — Moncler News Story

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Moncler's Q4 beat boosts shares

** Shares in Italy's Moncler MONC.MI rise about 10%, paring earlier gains of about 13%, boosted by better-than-expected Q4 earnings

** The fashion house posts FY EBIT of 913.4 mln euros ($1.07 bln) on revenue of 3.13 bln euros, both beating analysts' consensus of 868 mln euros and 3.07 bln euros respectively

** Bernstein flags that Moncler beat expectations in fourth quarter with improved traffic and volumes at its core brand, marking a recovery from weaker trends seen in the previous quarter

** The brokerage also points out that Stone Island brand outperformed in the quarter and the reissue of JW Anderson collaboration helped sustain consumer interest during peak trading season

** The stock heads for its best day in 5 months if gains hold

($1 = 0.8506 euros)

(Reporting by Romolo Tosiani)

((Romolo.Tosiani@tr.com))

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