HESAF - Hermes: You Won't Believe How Much Revenue Their Stores Generate
2024-04-30 23:58:39 ET
Summary
- Hermes' first-quarter sales figures exceeded expectations, demonstrating strength and resilience in the luxury market.
- The company's counter-positioning strategy and focus on non-leather categories contribute to its growth and success.
- Consensus estimates underestimate Hermes' potential, with the company on track to surpass sales and EPS expectations.
Hermes ( OTCPK:HESAF ) (HESAY) released its first-quarter sales figures, which once again handily beat expectations.
As the company continues to gravitate above the rest of the industry, it appears Hermes can shrug off any macroeconomic concern or a luxury slowdown....
Hermes: You Won't Believe How Much Revenue Their Stores Generate