ZGN News and Press, Ermenegildo Zegna N.V. From 01/12/24

2024-01-12 20:08:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2024-01-02 00:32:32 ET Summary Zegna's current undervaluation and under-following made the Italian company my pick for the year 2024. During the recent Capital Markets Day, the company demonstrated a promising vision and financial target for Tom Ford Fashion. Zegna's top-line ...

2023-12-19 22:47:29 ET Summary Post Capital Market Day, Zegna group CAGR topline is estimates at >10% with an increase adj. EBIT of approximately 20%. Zegna has space to grow on sales density, new store openings, and Tom Ford Chinese entry. After an excessive de-rating and ...

Group hosts second Capital Markets Day at the New York Stock Exchange and announces medium term financial outlook. Group aims for compounded average annual growth 1 of revenues over 10% and of Adjusted EBIT of around 20%, and a strong Cash Surplus. Group sees positive momentum...

2023-11-20 11:10:58 ET Summary Ermenegildo Zegna is an Italian group of luxury companies that benefit from a vertically integrated supply chain and underlying growth. The rebranding of Zegna and further reinvesting into Thom Browne offer compelling opportunities for future growth ...

2023-11-14 16:26:26 ET Saudi Arabia's sovereign wealth fund cut its stake in parcel delivery giant FedEx ( NYSE: FDX ) and took a new position in Italian fashion firm Ermenegildo Zegna ( ZGN ) in Q3 2023, while raising its holdings in Pinduoduo-owner PDD ( NASDAQ: PDD ...

2023-11-09 17:05:54 ET Summary Zegna Group aims to become a beacon of luxury brands through its vertically integrated structure and network of benefits to each brand under its umbrella. The company is expanding its Italian manufacturing footprint and workforce, and has opened seve...

Revenues 1 for the third quarter of 2023 reach €431 million, up 20.8% year-over-year and with an organic 2 growth rate of 11.3%. Revenues for the first nine months of 2023 reach €1.33 billion, up 22.9% year-over-year and with an organic growth rate of 19.2%. ...

2023-10-10 06:30:00 ET Summary One thing that differentiates SPACs is the explicitly touted forecasts falling colossally short. Although appetite for SPACs has cooled, there has been no comprehensive reckoning for the value destroyed. Worse, many of the design flaws that allowed t...

2023-09-25 16:09:26 ET More on Hugo Boss, Burberry Group, etc. Compare metrics for BOSSY to BURBY, PANDY, PRDSY, SWGAY The Swatch Group: Growth In China And U.S. Markets Supports Price Rise Probability Ermenegildo Zegna: Further Margin Improvement Possible Ta...