HESAY News and Press, Hermes International SCA ADR From 09/29/23

2023-09-29 08:12:30 ET Summary Richemont's stock has fallen by 26.6% since June, underperforming other luxury stocks. Factors contributing to the decline include higher volatility, concerns about demand, and a reduced outlook. Despite the risks, the author believes that Richem...

2023-09-26 15:10:37 ET More on Compagnie Financière Richemont SA, LVMH Moët Hennessy, etc. LVMH: Robust Growth With An Attractive Valuation Prada, luxe retailers are a good bet, but the payoff will take time: BofA European luxury stocks are viewed cautiousl...

2023-09-26 00:30:47 ET Summary Burberry's share price has been lacklustre recently, which is in stark contrast with its healthy trading update. Its same-store sales rose by 18% in Q1 FY24. These were driven by China's recovery, which more than made up for the pullback in sales fro...

2023-09-19 09:06:54 ET More on luxury stocks Movado: Scrutinizing Threats To Its Position In The Watch Market Watches Of Switzerland: Path To Dominating The Luxury Watch Market Movado Group: Still Attractive Despite Fundamental Deterioration Movado tumbles as...

2023-08-17 09:44:09 ET Summary Hermès is a French company founded in 1837 that initially made harnesses for the French nobility. The company expanded its catalogue to include saddles. Thierry Hermès is credited with establishing the company. Hermès (HE...

2023-08-12 23:11:34 ET Summary The LVMH stock delivered robust performance of 27.9% in 2023 easily outperforming major indices, while writing history and becoming the first European company to reach $500 billion in valuation earlier this year. H1 2023 has been another stellar peri...

2023-08-05 07:10:00 ET The stock market and overall U.S. economy appear to be moving in the right direction. Although inflation remains above the Federal Reserve 's target of 2%, it has been consistently cooling (falling to 3% in June). The markets seem OK with how higher interest rates...

2023-08-02 09:01:05 ET Hermès International Société en commandite par actions (HESAY) Q2 2023 Earnings Conference Call July 28, 2023 08:00 AM ET Company Participants Axel Dumas - Chief Executive Officer Eric du Halgouët - Chief Financial Officer ...

2023-08-01 11:49:34 ET Summary Hermès announced H1-23 industry-leading results that exceeded expectations. Revenues totaled €6.7B, reflecting 22.3% growth and operating profit amounted to €2.9B, reflecting 44.0% margins, an improvement of 400 bps. The compan...

2023-07-25 15:35:09 ET Summary Kering SA has seen a 6.9% price decline since April, due to weak financial performance, particularly for Gucci, which accounts for half of the company's revenues. While its margins are attractive and attempts at reviving Gucci's growth are underway, ...