Hermes International SCA Unsponsored ADR (HESAY)
Hermès: Why I'm Bullish Despite The China Slowdown
Despite China's economic slowdown, Hermès shows resilience with healthy revenue growth, outperforming peers like LVMH and Kering, which faced double-digit declines. Stimulus measures in China could boost luxury market demand, which can benefit the company further. Also, accelerated growth in Europe and Japan is encouraging. A stable forward P/E ratio also supports a positive outlook for Hermès.
Trump's trade policies will boost inbound investments & improve exports, says Hermes' Steve Auth
Steve Auth, Federated Hermes equities CIO, joins CNBC's 'The Exchange' to discuss expectations for how Trump's trade policy will impact U.S. markets.
Hermes Defies The Odds, But Peers May Offer More Attractive Returns
Hermes' exclusivity, heritage, and prestige make it a quintessential luxury brand, resilient against market slowdowns and appealing to ultra-wealthy clientele. Hermes' strategy of scarcity and exclusivity drives demand, with plans to expand production capacity to meet high demand without compromising exclusivity. Trading at a premium valuation, Hermes promises stable, long-term growth, with a potential 10% annual ROR, making it a resilient investment in the luxury space.
Hermès: A Performance That Runs Counter To Its Industry
Hermès defies the economic slowdown in China, achieving 11.40% revenue growth in Q3 2024, while competitors like Kering and LVMH suffer. Exceptional growth in Europe and triple-digit growth in the Middle East highlight Hermès' resilience in adverse macroeconomic environments. Despite strong performance, Hermès' high valuation multiples (50x earnings) make it a hold; a more reasonable entry point would be around 35x earnings.
Hermes outperforms rivals as sales climb in the third quarter
Luxury goods group Hermes International outperformed rivals as it grew sales despite headwinds in China.
Hermes shrugs off luxury woes with eye-catching quarter
Hermes shrugged off the headwinds facing other luxury goods makers with a strong third quarter driven by improvements across nearly all its divisions. The French handbag and scarves group posted an 11% rise in revenues at current exchange rates to €3.7 billion in the three months to end of September, underlying its reputation as a standout performer in the luxury sector.
Hermes Sales Rise 11% Despite Luxury Slowdown
Hermes reported a rise in sales for the third quarter but looking ahead, it cautioned about global economic, geopolitical and monetary uncertainties.
Hermes continues to outshine rivals with Q3 sales up 11.3%
Birkin bag maker Hermes reported on Thursday a hefty rise in third-quarter sales, continuing to outshine rivals hit hard by a downturn in China as its luxury handbags lure wealthy shoppers.
Hermes shoppers try again in Birkin bag antitrust lawsuit
U.S. consumers suing French luxury house Hermes have revised their lawsuit once again, hoping to persuade a skeptical judge that the company is forcing buyers to spend thousands of dollars on other products before they can purchase one of its famed Birkin bags.
LVMH And Hermes International, Luxury Alpha
We focus on high-quality investments, favouring companies with strong competitive advantages that consistently outperform, even if they come with higher valuations. Recently, we sold LVMH but repurchased it after a significant market cap drop, also adding Hermès International to our portfolio. The luxury sector offers compelling long-term growth opportunities, making it an attractive space for buy-and-hold investors.
Is Hermes A Buy After The Drop?
Hermes' stock is down 20% off highs, so it's a good moment to revisit its valuation. I build an inverse DCF model to understand what needs to happen for the stock to work from here. Understanding how reasonable the underlying drivers of free cash flow are is key to understanding the company's current valuation.
Hermes: Unique Exclusivity Boosts Margins
Hermès stock is rated as a buy due to its strong pricing power, exclusivity strategy, and consistent revenue growth without much debt. The company's competitive advantages, including its brand and controlled distribution, ensure high margins and a rock-solid moat, outperforming peers like Louis Vuitton. Despite high valuation multiples, a DCF analysis shows significant upside potential, making Hermès a compelling long-term investment.
