Richemont Investors to Welcome Results as Jewelry Momentum Continues -- Market Talk

Dow Jones

May 16, 2025

0648 GMT - Richemont's results confirm strong revenue momentum at its core jewelry division in its fiscal fourth quarter and are likely to be well received by investors, RBC Capital Markets' Piral Dadhania says in a note to clients. "We expect these results to be positively received, particularly in the context of a challenging broader luxury environment. The outlook should also be supported by recent price increases at Cartier (mid-May) and Van Cleef (mid-April)," the analyst says. The Swiss jeweler and watchmaker reported a 11% rise in fourth-quarter revenue for its jewelry business, beating consensus expectations of a 9% rise, the analyst says. By region, Richemont's quarterly sales missed expectations in Asia-Pacific, but was stronger than anticipated elsewhere, RBC says. (adria.calatayud@wsj.com)

(END) Dow Jones Newswires

May 16, 2025 02:48 ET (06:48 GMT)

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The outlook should also be supported by recent price increases at Cartier (mid-May) and Van Cleef (mid-April),\" the analyst says. The Swiss jeweler and watchmaker reported a 11% rise in fourth-quarter revenue for its jewelry business, beating consensus expectations of a 9% rise, the analyst says. By region, Richemont's quarterly sales missed expectations in Asia-Pacific, but was stronger than anticipated elsewhere, RBC says. 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The outlook should also be supported by recent price increases at Cartier (mid-May) and Van Cleef (mid-April),\" the analyst says. The Swiss jeweler and watchmaker reported a 11% rise in fourth-quarter revenue for its jewelry business, beating consensus expectations of a 9% rise, the analyst says. By region, Richemont's quarterly sales missed expectations in Asia-Pacific, but was stronger than anticipated elsewhere, RBC says. (adria.calatayud@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 16, 2025 02:48 ET (06:48 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CFRUY","symbol_name":"历峯集团","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2535538513","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2535538513","pubTimestamp":1747378080,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0648 GMT - Richemont's results confirm strong revenue momentum at its core jewelry division in its fiscal fourth quarter and are likely to be well received by investors, RBC Capital Markets' Piral Dadhania says in a note to clients. \"We expect these results to be positively received, particularly in the context of a challenging broader luxury environment. The outlook should also be supported by recent price increases at Cartier  and Van Cleef ,\" the analyst says. The Swiss jeweler and watchmaker reported a 11% rise in fourth-quarter revenue for its jewelry business, beating consensus expectations of a 9% rise, the analyst says. By region, Richemont's quarterly sales missed expectations in Asia-Pacific, but was stronger than anticipated elsewhere, RBC says. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CFRUY":"历峯集团","ISBC":"投资者银行","BK4211":"区域性银行","BK4202":"服装、服饰与奢侈品"},"translate_title":"随着珠宝势头的持续，历峰集团投资者将迎来业绩——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ISBC":1,"CFRUY":0.9},"content_text":"0648 GMT - Richemont's results confirm strong revenue momentum at its core jewelry division in its fiscal fourth quarter and are likely to be well received by investors, RBC Capital Markets' Piral Dadhania says in a note to clients. \"We expect these results to be positively received, particularly in the context of a challenging broader luxury environment. The outlook should also be supported by recent price increases at Cartier (mid-May) and Van Cleef (mid-April),\" the analyst says. The Swiss jeweler and watchmaker reported a 11% rise in fourth-quarter revenue for its jewelry business, beating consensus expectations of a 9% rise, the analyst says. By region, Richemont's quarterly sales missed expectations in Asia-Pacific, but was stronger than anticipated elsewhere, RBC says. (adria.calatayud@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 16, 2025 02:48 ET (06:48 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}