After tackling Kering's debt problems, de Meo faces the Gucci challenge
Seven months into the job, Luca de Meo has bought himself time as CEO of Gucci owner Kering . This week he has to prove he knows how to use it.
Kering: Better Times Could Be Ahead, But Valuations Are Stretched
Kering shows early signs that revenue could stabilize in 2026, as Q4 2025 in particular showed some signs of revival. The company's profitability has weakened in the past year, though, with a sharp drop in the net margin. While a sharp pickup in earnings is possible this year, PPRUY still trades at exceptionally stretched forward valuations.
Kering SA (PPRUY) Q4 2025 Earnings Call Transcript
Kering SA (PPRUY) Q4 2025 Earnings Call Transcript
Kering shares set for best day in 17 years
Kering sales fell less than expected in the fourth quarter - down 3% on the year. Flagship label Gucci, which accounts for most of Kering's profits, saw revenue dip double digits - its 10th straight quarter of decline - but that also came in better than expected, as CNBC's Charlotte Reed reports.
Gucci-Owner Kering's Sales Accelerate as Push to Get Core Brand Back in Fashion Continues
Gucci sales were down 16% on year. In the previous three months, the label's sales fell 18%.
Kering: Some Green Shoots, But The Turnaround Will Take Time
Kering: Some Green Shoots, But The Turnaround Will Take Time
Is Kering (PPRUY) Outperforming Other Retail-Wholesale Stocks This Year?
Here is how Kering SA (PPRUY) and Zumiez (ZUMZ) have performed compared to their sector so far this year.
Kering Gets $690 Million for Stake in Fifth Avenue Property
Kering said the deal is part of a real-estate strategy that aims to secure retail locations for its brands, while enhancing financial flexibility.
Kering: Visibility And Valuation Keep Us Neutral
Kering faces ongoing challenges in luxury, with Gucci and Saint Laurent under pressure. The company's sale of its beauty business to L'Oréal strengthens its balance sheet and reduces leverage, addressing key investor concerns. Q3 sales beat across brands despite limited disclosure.
Gucci's owner is digging out of its sales slump. The stock just hit a 2025 high
Kering released its third-quarter 2025 financial results on Thursday, showing it reduced the slump it had seen in the previous quarter.
Kering SA (PPRUY) Q3 2025 Sales Call Transcript
Kering SA (OTCPK:PPRUY) Q3 2025 Sales Call October 22, 2025 12:00 PM EDT Company Participants Armelle Poulou - Chief Financial Officer Jean-Marc Duplaix - Chief Operating Officer Conference Call Participants Chiara Battistini - JPMorgan Chase & Co, Research Division Edouard Aubin - Morgan Stanley, Research Division Oliver Chen - TD Cowen, Research Division Antoine Belge - BNP Paribas Exane, Research Division Zuzanna Pusz - UBS Investment Bank, Research Division Thomas Chauvet - Citigroup Inc., Research Division Anne-Laure Jamain - HSBC Global Investment Research Charles-Louis Scotti - Kepler Cheuvreux, Research Division Carole Madjo - Barclays Bank PLC, Research Division Luca Solca - Sanford C. Bernstein & Co., LLC.
Sale of beauty assets to L'Oreal will be "net gain" in results, Kering COO says
Kering's sale of its beauty business to L'Oreal will result in a "net gain before tax" in Kering's annual results, COO Jean-Marc Duplaix told analysts in a call on Wednesday when asked if the transaction would lead to a writedown.
