Kering's Stock Dives 6% Amidst Unexpected First Quarter Revenue Drop in 2025
Kering SA's stock plummeted 6% after reporting lower-than-expected Q1 2025 earnings, with a 14% revenue drop and a significant 25% decrease in Gucci's sales.
Kering News
Kering's Stock Plummets 6% Amidst Disappointing First Quarter Earnings Report
Kering SA's shares dropped 6% after reporting lower-than-expected Q1 2025 sales, with revenue down 14% to €3.88 billion. Gucci's sales fell 25%, contributing to the group's overall...
Kering Faces a Challenging Start to 2025 with a 14% Drop in Q1 Revenue to €3.88 Billion
Kering SA announced a 14% drop in Q1 2025 revenue to €3.88 billion, with retail sales down 16%. Asia-Pacific saw a 25% demand decrease, while Kering Eyewear & Corporate and Bottega...
Kering Faces a Challenging Q1 with a 14% Revenue Drop to €3.88 Billion Amid Global Luxury Market Slowdown
Kering SA reports a 14% drop in Q1 revenue to €3.88 billion, with retail sales down 16%. Asia-Pacific saw a 25% demand decrease, while Kering Eyewear & Corporate and Bottega Veneta...
