Richemont’s Surprise Revenue Gain Lifts Luxury Stocks, Offering …
2 days ago · Richemont outstripped expectations with a 10 percent jump in revenue during the key holiday quarter, offering hope that luxury's slump might be coming to an end. ... S&P 500. 5,987.84 +50.50 (+0. ...
Luxury stocks soar as Richemont sparks rally and hopes of sector …
2 days ago · Richemont shares soared more than 16%, sending the share price to a record high of 161.80 Swiss francs (£145.80). Read more: How 'Trump trade' stocks are performing ahead of inauguration
Luxury Stocks Jump on Strong Sales Update From Cartier Owner Richemont
3 days ago · European luxury stocks surged after Richemont, the company behind Cartier, Piaget and Van Cleef & Arpels, reported a "very solid end" to 2024, with quarterly sales surging to a record. Shares in ...
Europe markets close higher; Richemont up 16% on quarterly …
2 days ago · The S&P 500 and Nasdaq added 0.1% and 0.3%, respectively, on Thursday morning. Meanwhile, the 30-stock Dow Jones Industrial Average flickered near the flatline. ... Richemont shares were up 15.17% ...
Cartier owner Richemont sales surge shows strength of top end …
2 days ago · Shares in Richemont, which also owns Swiss watch brands Piaget, IWC and Jaeger-LeCoultre, were indicated 7% higher in premarket activity, while rival Swatch was seen up 3.9%. ... S&P 500 . DAX ...
Cartier Owner Richemont’s Sales Surge Fuels Hopes of Luxury …
3 days ago · Richemont had reported a 1% drop in sales during its second quarter after being hit by a downturn in Asia. The company declined to comment on its future outlook. ... ETFs That Outperform the S&P 500.
Heard on the Street: Luxury Investors Press 'Buy Now' Too Early
3 days ago · Cartier owner Richemont reported much better-than-expected quarterly earnings. (Andrey Rudakov/Bloomberg News) American shoppers seem to be snapping up luxury again, but investors should still ...
Richemont Posts Higher Sales But Confirms Slowdown in
Jan 17, 2024 · Richemont posted an increase in sales for its fiscal third quarter, but confirmed slowing growth faced by the luxury sector as a whole after the postpandemic shopping euphoria.
Richemont stock is surging by the most it's ever done in one day.
2 days ago · Richemont, whose brands include Cartier and Montblanc said fiscal third-quarter ending Dec. 31 sales rose 10% to EUR6.15 billion ($6.3 billion), far ahead of consensus expectations of just 1% growth.
Richemont's Shares Slide After Results Miss Expectations
Nov 10, 2023 · Shares in Compagnie Financiere Richemont fell after it posted first-half results that missed analysts' expectations and showed a slowdown in sales growth.
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