KERING

Chinese household consumption is stabilizing and high-end categories like cosmetics are rebounding, leading analysts to expect Kering to return to sales growth in the China region by Q4. China remains the primary source of pressure across Kering’s portfolio, though trends improved notably through the quarter and the market is a top strategic priority for management. The recovery so far is concentrated among high-net-worth consumers, and broader reacceleration depends on stronger consumer confidence and import flows into China. » Mais em finance.yahoo.com

Kering jumped more than 12% after quarterly results that beat expectations for revenue and recurring operating profit. Gucci recorded an organic decline of 2% in the second quarter, but the results exceeded analysts’ forecasts and point to an improvement versus the previous quarter. Hermès fell almost 9% after a quarterly update that, despite currency‑adjusted revenue growth of 6.7%, raised questions about the pace of growth relative to the industry. » Mais em de.investing.com

Kering jumped about 11% in morning trading after Gucci reported a more moderate sales decline in the second quarter (-2% like‑for‑like) than expected. HSBC raised its price target to €340 and upgraded from Hold to Buy, prompting additional buying. Analysts at JPMorgan, UBS and Jefferies highlighted a broader business pick‑up and confirmed a return to growth in the leather goods segment, which could ease doubts about the 2026 annual targets. » Mais em de.investing.com