Moncler falls on 'flat' Q3 revenue

Moncler

29/10/2025 09:00

** Shares in Italy's Moncler fall over 4% after the group posts a 1% decline in its Q3 constant exchange rates revenue late on Tuesday

** Moncler's "flat" Q3 has likely frustrated investors assessing whether the group would confirm the quarterly over-delivery achieved by luxury peers, Jefferies says

** The group will need a "good" Q4 in order to prevent a further dip in margin expectations, and its discount valuation is likely to persist, brokerage adds

** "Visibility into year-end... remains limited, with current consensus already factoring in a good scenario on sales and margins" - JP Morgan

**  Moncler shares rise 5.7% YTD

 (Reporting by Philippe Leroy Beaulieu in Gdansk)

 ((philippe.leroybeaulieu@tr.com))