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Compagnie Financiere Richemont AG

17.36

+0.01000.06%

Volume:463.84K

Turnover:8.05M

Market Cap:102.49B

PE:39.47

High:17.53

Open:17.33

Low:17.27

Close:17.35

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Overview Company News Filings

Market Talk Roundup: Cartier Owner Richemont Beats Market Expectations, Lifts Luxury Sector

Richemont Gets U.S. Boost From Booming Markets, Trump Election -- Market Talk

Richemont's Results Might Be Risky to Extrapolate to Other Categories -- Market Talk

Cartier owner Richemont shines with better-than-expected sales as poor China demand offset by rest of the world

Richemont's Regional Trends Seem Reassuring -- Market Talk

Stocks to Watch Thursday: Bank of America, Richemont, TSMC -- WSJ

Richemont stock is surging by the most it's ever done in one day. Other luxury plays are jumping too.

Cartier Owner Richemont (CFRUY) Jumps 17% on Earnings

European Stocks Climb After Earnings, Gaza Cease-Fire Deal -- Market Talk

Luxury Stocks Jump After Richemont's Results Beat Expectations -- Market Talk

Richemont’s Sales Soar in Early Sign of Luxury Recovery

Richemont's Results Could Trigger Strong Share Price Reaction -- Market Talk

Richemont Outperforms in Challenging Environment -- Market Talk

Richemont's Performance Seen as Exceptionally Strong -- Market Talk

Cartier Owner Richemont Posts Highest Ever Quarterly Sales Despite Luxury Downturn -- Update

Cartier owner Richemont posts 10% increase in Q3 sales

Compagnie Financiere Richemont S.A. Falls Wednesday, Underperforms Market

Richemont Expected to Benefit From Jewelry Heavyweight Brands -- Earnings Preview

Luxury Industry Expected to Report Better Trends in U.S. -- Sector Preview

Luxury Stocks’ Recent Revival Faces a High-Stakes Earnings Test

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The company returned to quarterly growth, driven by its jewelry division--housing heavyweight brands like Cartier and Van Cleef & Arpels--as sales rose 10% to 6.15 billion euros. The stock is up nearly 16% at 161 Swiss francs, on track for its biggest one-day percentage gain ever, according to FactSet data.0651 GMT - Richemont's results seem exceptionally strong and show a very good execution of the jewelry business, RBC Capital Markets analysts Piral Dadhania and Nikolaos Lafioniatis say in a note. The Swiss luxury group reported sales of 6.15 billion euros for its fiscal 3Q ended Dec. 31, up 10% on year. This was ahead of consensus estimates of 5.63 billion euros. The beat was across all regions and divisions, with an exceptional acceleration at the group's core jewelry business over the ","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CFRUY","BK4202"],"gpt_icon":0},{"id":"2503991445","title":"Richemont Gets U.S. Boost From Booming Markets, Trump Election -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2503991445","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503991445?lang=en_us&edition=fundamental","pubTime":"2025-01-16 21:18","pubTimestamp":1737033480,"startTime":"0","endTime":"0","summary":"1318 GMT - Richemont's strong performance in the Americas signals wealth creation in the U.S., partly due to booming financial markets and the Trump election, which has boosted high-end consumers, Bryan Garnier's Loid Morvan says in a research note. The Swiss luxury group exceeded sales expectations in December quarter across all regions, but the main beat was in the Americas, the analyst says. Richemont said sales in the Americas grew 22% in its fiscal third quarter, accelerating from a 12% increase the prior quarter. This points to the positive effect of wealth creation in the U.S.--Richemont's biggest market--on high-end consumers, according to Bryan Garnier. Richemont shares jump 16%. ","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CFRUY","BK4202"],"gpt_icon":0},{"id":"2503996785","title":"Richemont's Results Might Be Risky to Extrapolate to Other Categories -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2503996785","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503996785?lang=en_us&edition=fundamental","pubTime":"2025-01-16 20:57","pubTimestamp":1737032220,"startTime":"0","endTime":"0","summary":"1257 GMT - Richemont's quarterly results beat expectations across the board, but it might be risky to extrapolate the implications of this performance to other luxury categories, UBS analysts say in a note. The Swiss luxury group benefited in particular from strength at its jewelry division that houses brands like Cartier and Van Cleef & Arpels, the analysts say. However, trends at Richemont's specialist watchmakers division improved as well, according to UBS. \"The whole sector should react positively today but we note that the implications to other categories, especially leather goods, may be risky to extrapolate,\" the analysts say. Richemont shares jump 16%, and the company's results lift shares in other luxury groups like LVMH, Kering, Moncler and Swatch, all of which climb 7% or more. ","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4202","LVMUY","BK4588","SWGAY","BK4585","CFRUY"],"gpt_icon":1},{"id":"2503992306","title":"Cartier owner Richemont shines with better-than-expected sales as poor China demand offset by rest of the world","url":"https://stock-news.laohu8.com/highlight/detail?id=2503992306","media":"Fortune","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503992306?lang=en_us&edition=fundamental","pubTime":"2025-01-16 19:10","pubTimestamp":1737025836,"startTime":"0","endTime":"0","summary":"Cartier owner Richemont reported record quarterly sales on Thursday, beating expectations as a slump in key market China was offset by robust demand in other regions.The group said sales reached 6.2 billion  in the third quarter ending on December 31, a 10% rise from the same period in 2023.The performance, which includes the key holiday shopping season, was stronger than the forecast by analysts surveyed by Swiss business news agency AWP, who had expected sales to reach 5.6 billion.Of Richemont’s business segments, jewelry maisons, including Van Cleef & Arpels, contributed the most to growth. Watches, on the other hand, were trailing behind, contracting 8%.Sales in the Asia-Pacific region fell 7% in the third quarter, dragged down by an 18% drop in China, Hong Kong, and Macau. Richemont reported healthier sales elsewhere in Asia, with \"positive results\" in most countries and double-digit growth in South Korea.In Japan, whose performance is counted separately from the rest of Asia, sal","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/cartier-owner-richemont-shines-better-111036001.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["CFRUY","CFRHF"],"gpt_icon":0},{"id":"2503969161","title":"Richemont's Regional Trends Seem Reassuring -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2503969161","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503969161?lang=en_us&edition=fundamental","pubTime":"2025-01-16 18:34","pubTimestamp":1737023640,"startTime":"0","endTime":"0","summary":"1034 GMT - Richemont's regional trends provide positive read-across for the luxury sector, Barclays analysts Carole Madjo and Wendy Liu say in a note. The Swiss luxury company reported third-quarter sales of 6.15 billion euros, 10% higher on year. The group recorded double-digit growth in all markets, except in the Asia-Pacific region due to weak demand in China. Sales in the Americas rose 22% during the quarter, confirming the exceptionally resilient trend of Richemont-owned brands with U.S. consumers, the analysts say. \"Improving trends in America and the absence of further deterioration in China is also reassuring for the rest of the reporting season,\" the analysts say. Shares are up around 17% at 162.60 Swiss francs. ","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4202","CFRUY"],"gpt_icon":0},{"id":"2503687963","title":"Stocks to Watch Thursday: Bank of America, Richemont, TSMC -- WSJ","url":"https://stock-news.laohu8.com/highlight/detail?id=2503687963","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503687963?lang=en_us&edition=fundamental","pubTime":"2025-01-16 17:46","pubTimestamp":1737020760,"startTime":"0","endTime":"0","summary":"Bank of America  and Morgan Stanley  are due to report before the open, as are smaller banks including PNC Financial  and U.S. Bancorp .Other earnings due Thursday morning include health insurer UnitedHealth , whose executive Brian Thompson was shot dead last month.Richemont : The Swiss luxury group reported its highest-ever quarterly sales, which beat forecasts. The strong results boosted Richemont shares and lifted other luxury stocks. Shares in LVMH  rose almost 8% in Paris.TSMC , : The world's largest contract chip maker reported another record quarter on AI-driven demand and said it expected continued growth. Its Taiwan-listed shares rose above 3%, despite new chip restrictions issued by the Biden administration Wednesday that apply to TSMC.DuPont : The chemical and materials maker company said it would no longer spin off its water division, altering previous plans to break up into three smaller publicly traded companies.This item is part of a Wall Street Journal live coverage eve","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SG9999014914.USD","LU1868837565.USD","LU0345770308.USD","SGXZ99366536.SGD","IE00BHPRN162.USD","LU0211327993.USD","LU0861579265.USD","LU1267930227.SGD","BK4516","DD","LU1880398471.USD","IE0004445015.USD","BK4553","LU0353189680.USD","BK4207","LU1894683348.USD","IE00BYQQ9H92.USD","IE00B4R5TH58.HKD","LU1261432733.SGD","LU1868837722.USD","LU0320765059.SGD","PNC","LU2271345857.HKD","TSM","UNH","BK4534","LU0079474960.USD","LU0143863784.USD","LU0795875169.SGD","LU2028103732.USD","03145","USB","LU2129689605.HKD","LU2249611893.SGD","IE00BZ9MQY76.HKD","LU0316494557.USD","CFRUY","LU1551013342.USD","BK4591","LU0820561909.HKD","BAC","LU1069347547.HKD","LU1989771016.USD","LU2089284900.SGD","IE0004091025.USD","LU0878005551.USD","LU1989764748.USD","LU2357125470.USD","BK4512","LU1066051811.HKD"],"gpt_icon":1},{"id":"2503968177","title":"Richemont stock is surging by the most it's ever done in one day. Other luxury plays are jumping too.","url":"https://stock-news.laohu8.com/highlight/detail?id=2503968177","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503968177?lang=en_us&edition=fundamental","pubTime":"2025-01-16 17:38","pubTimestamp":1737020280,"startTime":"0","endTime":"0","summary":"Despite Chinese sales dropping 18%, Richemont reports 10% increase. The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales as it blew by analyst estimates.Richemont, whose brands include Cartier and Montblanc  said fiscal third-quarter ending Dec. 31 sales rose 10% to EUR6.15 billion , far ahead of consensus expectations of just 1% growth.While China is still struggling - sales in mainland China, Hong Kong and Macau slumped 18% - other Asian markets including South Korea thrived, while both domestic demand and tourists from North America and the Middle East sent European sales up by 19%.Jewellery sales were particularly strong, up 14%, offsetting an 8% decline in watches.Swiss-listed Richemont  shares rose as much as 18% in its best-day ever, according to FactSet data.\"This will add to the debate that the more premium luxury brands are likely to outperform, the luxury slowdown is more cyclical than structural  and t","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4202","CFRUY"],"gpt_icon":0},{"id":"2503968018","title":"Cartier Owner Richemont (CFRUY) Jumps 17% on Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=2503968018","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503968018?lang=en_us&edition=fundamental","pubTime":"2025-01-16 17:16","pubTimestamp":1737018995,"startTime":"0","endTime":"0","summary":"Shares of Cartier owner Richemont ($CFRUY) jumped as much as 17% on Thursday, January 16th, after the luxury group reported a 10% increase in Fisca...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/cartier-owner-richemont-cfruy-jumps-17-on-earnings?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/cartier-owner-richemont-cfruy-jumps-17-on-earnings?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["CFRUY"],"gpt_icon":0},{"id":"2503812952","title":"European Stocks Climb After Earnings, Gaza Cease-Fire Deal -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2503812952","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503812952?lang=en_us&edition=fundamental","pubTime":"2025-01-16 16:43","pubTimestamp":1737016980,"startTime":"0","endTime":"0","summary":"0843 GMT - Europe's top stock indexes climb at the open, building on Wednesday's gains, after a cease-fire deal between Israel and Hamas and a number of earnings updates fueled investor optimism. France's CAC 40 rises 1.5%, Switzerland's SMI gains 0.9%, and the U.K.'s FTSE 100 is up 0.7%. Meanwhile, Germany's DAX moves 0.2% higher after closing at a record high Wednesday. The pan-European Stoxx Europe 600 index is up 0.6%. Many luxury stocks are among the top gainers in early trade after a better-than-expected sales update from Cartier owner Richemont that eased investor worries about the industry's outlook. Richemont jumps 15%, and peers LVMH and Kering both climb more than 7%. Online fashion retailer Zalando and carmaker Renault are also among the top risers after positive year-end updates. ","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LVMUY","CFRUY"],"gpt_icon":0},{"id":"2503545729","title":"Luxury Stocks Jump After Richemont's Results Beat Expectations -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2503545729","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503545729?lang=en_us&edition=fundamental","pubTime":"2025-01-16 16:33","pubTimestamp":1737016380,"startTime":"0","endTime":"0","summary":"0833 GMT - Shares in European luxury companies rose after Swiss luxury group Richemont reported a revenue beat across all regions, channels and divisions. The company's results come at a challenging time for the luxury industry, which is grappling with a slowdown in demand. Richemont booked sales of 6.15 billion euros for its fiscal third quarter ended Dec. 31, up 10% on year and ahead of consensus estimates of 5.63 billion euros. The stock is up more than 16% at 161.65 Swiss francs. Luxury bellwether LVMH trades 7.3% higher at 684.10 euros; Kering rises 7.4% and Hermes jumps 4.5%. Italy's Salvatore Ferragamo rises 4.7% and Brunello Cucinelli trades 3% higher. Burberry climbs more than 6%. ","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LVMUY","BK4585","CFRUY","BK4202","BK4588"],"gpt_icon":1},{"id":"2503691952","title":"Richemont’s Sales Soar in Early Sign of Luxury Recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=2503691952","media":"Bloomberg","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503691952?lang=en_us&edition=fundamental","pubTime":"2025-01-16 16:18","pubTimestamp":1737015508,"startTime":"0","endTime":"0","summary":" -- Richemont sales unexpectedly jumped by double digits during the holiday shopping season as consumers splurged on Cartier jewelry, a tentative sign that demand for luxury goods may be recovering.Sales soared 10% during the three months through December at constant exchange rates, Richemont said Thursday. Analysts had expected a gain of less than 1%. The Americas and Europe drove the performance, with purchases of expensive jewelry offsetting weak watch sales, which have weighed on the group’s performance.“We view these results as exceptionally strong,” Piral Dadhania, an analyst at RBC Capital Markets, wrote in a note.The performance lifted shares of Richemont by as much as 18% in early trading and boosted other luxury groups on optimism the worst may be over for the industry, which has faced cooler demand for high-end goods after years of aggressive price increases. Though Richemont’s greater exposure to jewelry gives it some insulation from the volatility of other fashion categori","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/richemont-sales-soar-early-sign-081828445.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["CFRHF","CFRUY"],"gpt_icon":0},{"id":"2503956940","title":"Richemont's Results Could Trigger Strong Share Price Reaction -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2503956940","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503956940?lang=en_us&edition=fundamental","pubTime":"2025-01-16 15:44","pubTimestamp":1737013440,"startTime":"0","endTime":"0","summary":"0744 GMT - Richemont's strong revenue beat across all regions, channels and divisions should support its shares and the broader luxury sector, Citi analysts Thomas Chauvet and Mahesh Mohankumar write in a note. The Swiss luxury group booked sales of 6.15 billion euros for its fiscal third quarter ended Dec. 31, up 10% compared with the year-earlier period and ahead of consensus estimates. \"We see Richemont as a fundamentally stronger business than during prior industry downturns,\" they say. Citi expects a strong share price reaction for both the company and the industry. Shares in Richemont closed at 139.05 Swiss francs on Wednesday. ","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4202","CFRUY"],"gpt_icon":0},{"id":"2503552229","title":"Richemont Outperforms in Challenging Environment -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2503552229","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503552229?lang=en_us&edition=fundamental","pubTime":"2025-01-16 15:38","pubTimestamp":1737013080,"startTime":"0","endTime":"0","summary":"0737 GMT - Swiss luxury group Richemont delivered an exceptional performance in a still challenging environment, Vontobel analyst Jean-Philippe Bertschy says in a note. The owner of Cartier and other high-end brands booked sales of 6.15 billion euros for its fiscal third quarter ended Dec. 31, 10% higher on year and surpassing consensus estimates of 5.63 billion euros. This represents a strong acceleration from the 1% decline in the prior quarter, Bertschy says. \"Richemont has never been stronger,\" the analysts says. This is despite the situation in China, where the company noted that demand is still struggling and in the group's watches business, which reported an 8% decline in quarterly sales. Shares in Richemont closed at 139.05 Swiss francs on Wednesday. ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CFRUY"],"gpt_icon":0},{"id":"2503393018","title":"Richemont's Performance Seen as Exceptionally Strong -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2503393018","media":"Dow Jones","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503393018?lang=en_us&edition=fundamental","pubTime":"2025-01-16 14:51","pubTimestamp":1737010260,"startTime":"0","endTime":"0","summary":"0651 GMT - Richemont's results seem exceptionally strong and show a very good execution of the jewelry business, RBC Capital Markets analysts Piral Dadhania and Nikolaos Lafioniatis say in a note. The Swiss luxury group reported sales of 6.15 billion euros for its fiscal 3Q ended Dec. 31, up 10% on year. This was ahead of consensus estimates of 5.63 billion euros. The beat was across all regions and divisions, with an exceptional acceleration at the group's core jewelry business over the holiday period, they say. \"We expect these results to read-across positively to the wider luxury sector with positive share price reactions across the board,\" they say. Shares in Richemont closed at 139.05 Swiss francs on Wednesday. ","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CFRUY","BK4202"],"gpt_icon":0},{"id":"2503930638","title":"Cartier Owner Richemont Posts Highest Ever Quarterly Sales Despite Luxury Downturn -- Update","url":"https://stock-news.laohu8.com/highlight/detail?id=2503930638","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503930638?lang=en_us&edition=fundamental","pubTime":"2025-01-16 14:44","pubTimestamp":1737009840,"startTime":"0","endTime":"0","summary":"Swiss luxury group Richemont said it saw an improvement across all business areas and reported better-than-expected sales for its fiscal third quarter, in the midst of a downward trend in demand for luxury goods that is weighing on most high-end brands.The owner of Cartier said Thursday that it made sales of 6.15 billion euros  for the three months to Dec. 31, its highest ever quarterly sales, up 10% compared with the prior-year period at both actual and constant exchange rates.The result surpasses analysts' projections of 5.63 billion euros, according to a poll of estimates compiled by Visible Alpha.Against a backdrop of slowing demand for luxury goods buffeting the sector, the Swiss company was seen as a resilient player thanks to its heavyweight brands Cartier and Van Cleef & Arpels. The strength of Richemont lies in its exposure to jewelry, which is a popular category, as it is seen as a long-term investment purchase, Barclays analysts Carole Madjo and Wendy Liu said in a note befo","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CFRUY"],"gpt_icon":0},{"id":"2503937845","title":"Cartier owner Richemont posts 10% increase in Q3 sales","url":"https://stock-news.laohu8.com/highlight/detail?id=2503937845","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503937845?lang=en_us&edition=fundamental","pubTime":"2025-01-16 14:09","pubTimestamp":1737007759,"startTime":"0","endTime":"0","summary":"ZURICH  - Cartier jewellery owner Richemont on Thursday reported a 10% increase in constant currency sales during the three months to the end of December, a strong early indicator for the performance of European luxury companies over the all-important holiday season.Sales at actual rates increased to 6.2 billion euros , said the company, which also owns high-end Swiss watch brands Piaget, IWC and Jaeger-LeCoultre.At constant exchange rates - which removes the impact of currency fluctuations - sales increased by 10%. This was much better than 1% increase expected by analysts in a consensus cited by RBC.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/cartier-owner-richemont-posts-10-060919442.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Cartier owner Richemont posts 10% increase in Q3 sales","news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["CFRUY","CFRHF"],"gpt_icon":0},{"id":"2503762759","title":"Compagnie Financiere Richemont S.A. Falls Wednesday, Underperforms Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2503762759","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503762759?lang=en_us&edition=fundamental","pubTime":"2025-01-16 01:15","pubTimestamp":1736961300,"startTime":"0","endTime":"0","summary":"This article was automatically generated using Dow Jones technology.Shares of Compagnie Financiere Richemont S.A.  shed 0.8% to CHF139.05 Wednesday on what proved to be an overall positive trading session for the stock market, with the Swiss SMI Index  rising 0.7% to 11,781.74.Compagnie Financiere Richemont S.A. closed CHF12.05 short of its 52-week high of CHF151.10, which the company achieved on June 7, 2024.Trading volume was 1,020,368, compared to the 50-day average trading volume of 986,666.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CFRUY"],"gpt_icon":0},{"id":"2503064641","title":"Richemont Expected to Benefit From Jewelry Heavyweight Brands -- Earnings Preview","url":"https://stock-news.laohu8.com/highlight/detail?id=2503064641","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503064641?lang=en_us&edition=fundamental","pubTime":"2025-01-15 21:29","pubTimestamp":1736947740,"startTime":"0","endTime":"0","summary":"Swiss luxury group Richemont is scheduled to report results for its fiscal third quarter on Thursday. Here is what you need to know.SALES FORECAST: The owner of Cartier and Van Cleef & Arpels should report sales of 5.63 billion euros  for the quarter ended Dec. 31, according to a poll of estimates by 13 analysts compiled by Visible Alpha. In the prior-year period, the company booked sales of 5.59 billion euros.Shares have jumped more than 26% in the past 12 months and are up around 0.6% since the start of 2025.-- CHALLENGING TIMES FOR WATCHES: The company's specialist watchmakers division is expected to remain particularly weak, Barclays said. This is due to its high exposure to China, a market where luxury companies are struggling with a slowdown in demand as high-end buyers have reduced their spending on pricey goods in light of the country's economic woes. \"Indicators such as the Swiss Watch Export data remain volatile in China,\" Barclays analysts added.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CFRUY"],"gpt_icon":0},{"id":"2503643719","title":"Luxury Industry Expected to Report Better Trends in U.S. -- Sector Preview","url":"https://stock-news.laohu8.com/highlight/detail?id=2503643719","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503643719?lang=en_us&edition=fundamental","pubTime":"2025-01-15 21:11","pubTimestamp":1736946660,"startTime":"0","endTime":"0","summary":"Luxury companies start to report results for the fourth quarter this week. Here is what you need to know.After the boom in demand following the peak of the pandemic, the luxury industry slipped into a downward trend, as high-end shoppers--particularly those less affluent--have become more frugal in light of the macroeconomic environment.\"The times of hyper growth that the industry has experienced in the past few years are not coming back anytime soon,\" Gemma D'Auria, senior partner at McKinsey & Co and leader of the firm's global apparel, fashion and luxury sector, said in an interview.-- PRICE INCREASES: The luxury market faces growing fatigue from customers after years of aggressive price increases, Third Bridge analyst Yanmei Tang said in a note. Soaring price points have alienated so-called aspirational shoppers, who are less wealthy and whose spending power has been eroded by inflation, the analyst said. In this context, the main concern related to the U.S. is the potential implem","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1577","LVMUY","BK4588","CFRUY","BK4585","BK1602","01913","ESLOY","BK4202","BK1545","BK4198","LU0326950275.SGD","LU0181495838.USD","BK1502","BK1227"],"gpt_icon":0},{"id":"2503669760","title":"Luxury Stocks’ Recent Revival Faces a High-Stakes Earnings Test","url":"https://stock-news.laohu8.com/highlight/detail?id=2503669760","media":"Bloomberg","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503669760?lang=en_us&edition=fundamental","pubTime":"2025-01-15 13:00","pubTimestamp":1736917200,"startTime":"0","endTime":"0","summary":" -- Europe’s beaten-down luxury stocks have turned a corner the past two months, increasing the stakes for the earnings the companies are about to announce.Speculation that China’s economic stimulus will lead to higher spending, and that Donald Trump will manage to boost US growth, has lifted a Goldman Sachs Group Inc. basket tracking the sector by 13% since mid-November, outpacing the broader market. Now investors need proof that the optimism was justified.“What we really want to see is a sense of increased confidence,” said Nick Clay, a fund manager at London investment firm Redwheel. Investors want signs “that suffering has bottomed in the fourth quarter of last year.”Investors also will be keen to see how companies undergoing a revamp, such as Kering’s Gucci, Burberry and Hugo Boss AG, are faring. Overall, any indications that the industry’s recovery has legs will be most welcome.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/luxury-stocks-recent-revival-faces-050000543.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["PPRUF","HESAY","CFRHF","PPRUY","HESAF","CFRUY"],"gpt_icon":1}],"pageSize":20,"totalPage":9,"pageCount":4,"totalSize":162}],"@#url:\"https://hq.skytigris.cn/fundamental/corporate_actions/details/CFRUY\",params:#limit:5,,,undefined,":[{"date":"2024-09-20","symbol":"CFRUY","amount":0.323035,"announcedDate":"2024-09-05","type":"dividend","lastAmount":null,"market":"US","newRecordDate":"2024-09-20","defaultRemindTime":1726839000000,"name":"历峯集团","lastCurrency":null,"lastExecuteDate":null,"recordDate":"2024-10-08","payableDate":"2024-09-20","currency":"USD","dateTimestamp":1726804800000,"payDate":"2024-10-08"},{"date":"2024-05-17","symbol":"CFRUY","type":"earning","reportTimeType":"","market":"US","fiscalQuarterEnding":null,"expectedEps":null,"defaultRemindTime":1715932800000,"name":null,"time":"","dateTimestamp":1715918400000,"actualEps":null},{"market":"US","date":"2023-11-10","symbol":"CFRUY","fiscalQuarterEnding":null,"expectedEps":null,"name":null,"time":"","type":"earning","dateTimestamp":1699592400000,"reportTimeType":"","actualEps":null},{"date":"2023-09-21","symbol":"CFRUY","amount":0.393368,"announcedDate":"2023-09-05","type":"dividend","market":"US","newRecordDate":"2023-09-22","defaultRemindTime":1695303000000,"name":"历峯集团","recordDate":"2023-10-13","payableDate":"2023-09-22","currency":"USD","dateTimestamp":1695268800000,"payDate":"2023-10-13"},{"date":"2022-11-11","symbol":"CFRUY","type":"earning","reportTimeType":"pre","market":"US","fiscalQuarterEnding":null,"expectedEps":null,"defaultRemindTime":1668157200000,"name":null,"time":"Pre-Market","dateTimestamp":1668142800000,"actualEps":null}],"@#url:\"https://hq.skytigris.cn/fundamental/dividend/history\",params:#symbol:\"CFRUY\",market:\"US\",,,undefined,":[{"executeDate":"2015-09-17","recordDate":"2015-09-21","paymentDate":"2015-10-07","value":0.0938959,"currency":"USD"},{"executeDate":"2016-09-20","recordDate":"2016-09-22","paymentDate":"2016-10-11","value":0.0999079,"currency":"USD"},{"executeDate":"2018-09-19","recordDate":"2018-09-20","paymentDate":"2018-10-09","value":0.109303,"currency":"USD"},{"executeDate":"2019-09-18","recordDate":"2019-09-19","paymentDate":"2019-10-07","value":0.116615,"currency":"USD"},{"executeDate":"2020-09-16","recordDate":"2020-09-17","paymentDate":"2020-10-05","value":0.062809,"currency":"USD"}],"@#url:\"https://hq.skytigris.cn/fundamental/estimate/recommendation\",params:#symbol:\"CFRUY\",market:\"US\",delay:false,,,undefined,":{"strongBuy":1,"buy":0,"hold":0,"sell":0,"strongSell":0,"meanLabel":"STRONG BUY","meanPercent":1,"analysts":1,"updateTime":1737086400000}}}