KER.PA - Kering SA

Paris - Paris Delayed Price. Currency in EUR
432.30
+4.70 (+1.10%)
At close: 5:38PM CEST
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Previous Close428.45
Open427.90
Bid0.00 x 0
Ask0.00 x 0
Day's Range426.25 - 433.10
52 Week Range351.70 - 539.80
Volume200,528
Avg. Volume273,294
Market Cap54.063B
Beta (3Y Monthly)1.28
PE Ratio (TTM)28.14
EPS (TTM)15.36
Earnings DateFeb 11, 2019 - Feb 15, 2019
Forward Dividend & Yield10.50 (2.46%)
Ex-Dividend Date2019-05-02
1y Target Est524.67
  • What Kind Of Shareholder Owns Most Kering SA (EPA:KER) Stock?
    Simply Wall St.

    What Kind Of Shareholder Owns Most Kering SA (EPA:KER) Stock?

    The big shareholder groups in Kering SA (EPA:KER) have power over the company. Insiders often own a large chunk of...

  • Thomson Reuters StreetEvents

    Edited Transcript of KER.PA earnings conference call or presentation 25-Jul-19 4:00pm GMT

    Half Year 2019 Kering SA Earnings Call

  • Bloomberg

    Kering Plunges as Gucci Sales Momentum Slows From Red-Hot Pace

    (Bloomberg) -- Kering shares fell after sales growth at the French luxury group’s Gucci brand slowed from the breakneck pace of the past three years, even as rival LVMH accelerates.The Italian label’s comparable sales rose 12.7% in the second quarter, compared with an analyst forecast of 14.5%. Even though Kering’s overall sales gains were roughly in line with expectations and its profitability keeps growing, the waning momentum at its key brand alarmed investors.“We expect the market will continue to wonder about the future ‘soft landing’ of Gucci, despite a very healthy margin improvement,” Bernstein analysts led by Luca Solca said in a note.Kering Investors Run on Worries Gucci Losing Appeal: Street WrapThe shares fell as much as 9.9% in Paris early on Friday, the most since October. Kering reported its results after the close of trading Thursday.Gucci is coming up against tough comparisons, after sales surged 40% a year earlier and 20% in the previous quarter. Kering has been trying to persuade investors that the brand’s growth is simply normalizing and that the decadent wares by designer Alessandro Michele aren’t going out of style.Slowdown ‘Expected’“This slowdown was expected and has been commented on in recent quarters,” Chief Financial Officer Jean-Marc Duplaix said on a call.As Gucci returns to earth, Kering is no longer outperforming rival LVMH, whose key fashion and leather category surged 20% in the quarter. The Louis Vuitton and Christian Dior owner’s shares touched a record high Thursday as creative revamps at key brands fueled gains.What Bloomberg Intelligence Says“Kering’s biggest and most profitable brand, Gucci, has the ability to maintain peer-beating midterm growth rates, in our view, on design momentum and consumer following.”Deborah Aitken, consumer products analystand Maxime Boucher, associate analystClick here to read the pieceGucci remains enormously profitable, with its operating margin rising to 41% for the first half. Kering also said it continues to perform well in China, where authorities have taken steps to bring more luxury purchases onshore.The company reported bright spots elsewhere, including an improvement at the Bottega Veneta brand, which has been struggling. Though analysts expected a further decline in sales, it returned to growth in the quarter, as Kering said the first collections from a new creative director, Daniel Lee, were well received.To contact the reporter on this story: Robert Williams in Paris at rwilliams323@bloomberg.netTo contact the editors responsible for this story: Eric Pfanner at epfanner1@bloomberg.net, John LauermanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Sales growth eases at Kering's star Gucci brand
    Reuters

    Sales growth eases at Kering's star Gucci brand

    Sales at Gucci rose more slowly than expected in the second quarter, taking the shine off a jump in margins at the Italian fashion label and an otherwise solid performance at parent Kering. The conglomerate relies on Gucci for the bulk of its sales and profit, and investors are keeping a close watch on the extent to which it might lose steam after three years of explosive growth. A weak performance in the United States, linked partly to a drop in Chinese visitors there, dragged on Gucci's sales and that of other Kering labels, which include Saint Laurent, the group's Financial Director Jean-Marc Duplaix said.

  • Business Wire

    Kering: Very Strong Growth in Revenue in the First Half of 2019 Sharp Rise in Recurring Operating Income and Margin

    Consolidated revenue: €7,638.4 million up 18.8% as reported and 15.3% on a comparable basis

  • Is Kering SA's (EPA:KER) ROE Of 26% Impressive?
    Simply Wall St.

    Is Kering SA's (EPA:KER) ROE Of 26% Impressive?

    One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...

  • Is Kering SA (EPA:KER) Overpaying Its CEO?
    Simply Wall St.

    Is Kering SA (EPA:KER) Overpaying Its CEO?

    In 2005 François-Henri Pinault was appointed CEO of Kering SA (EPA:KER). This report will, first, examine the CEO...

  • Moody's

    LVMH Moet Hennessy Louis Vuitton Inc. -- Moody's assigns first-time A1 rating to LVMH; stable outlook

    Moody's Investors Service has today assigned a first-time A1 long-term issuer rating and Prime-1 (P-1) short-term issuer rating to leading French luxury goods group LVMH Moët Hennessy Louis Vuitton SE (LVMH). Moody's has also assigned an A1 rating to LVMH's senior unsecured notes and a (P)A1 rating to its medium-term notes program.

  • Kering crown jewel Gucci banks on high-end gems for growth
    Reuters

    Kering crown jewel Gucci banks on high-end gems for growth

    Gucci, the luxury brand that powers most of parent Kering's profits, made its first steps in high-end jewelery on Tuesday with a dedicated store in Paris - part of its bid to expand its reach after a blowout fashion makeover. Sales at the Italian label have grown at a breakneck pace since a turnaround under designer Alessandro Michele over the past three years, beating most industry rivals even as the rate of expansion slowed to 20 percent in the first quarter. With its sights on one day overtaking peers Louis Vuitton, owned by Kering rival LVMH , or privately-held Chanel as the biggest luxury brand by revenue, Gucci is branching into new areas, including by recently rolling out cosmetics.

  • IPO-Edge.com

    IPO Edge Editor Jannarone: RealReal’s Buyers and Consignors in Virtuous Cycle – Cheddar TV

    In an interview with Cheddar TV, IPO Edge Editor-in-Chief  John Jannarone explains what it will take for newly-listed shares of The RealReal (ticker: REAL) to maintain their current sales multiple. The company, which sells second-hand luxury goods from fashion houses such as Hermès, LVMH Moët Hennessy’s Louis Vuitton, and Kering SA’s Gucci, will likely see […]

  • The RealReal Got a Beautiful Start, But This Metric is the Key to its Luxurious Valuation
    IPO-Edge.com

    The RealReal Got a Beautiful Start, But This Metric is the Key to its Luxurious Valuation

    The RealReal is the Undisputed Leader in Second-Hand Luxury Brands Such as Hermès By John Jannarone As the leading online reseller of previously-owned luxury items, The RealReal (ticker: REAL) has a chance to disrupt the industry with a combination of trust, quality, and ease of use that brick-and-mortar shops can’t offer. The question for investors […]

  • Is Kering SA's (EPA:KER) 2.0% Dividend Worth Your Time?
    Simply Wall St.

    Is Kering SA's (EPA:KER) 2.0% Dividend Worth Your Time?

    Could Kering SA (EPA:KER) be an attractive dividend share to own for the long haul? Investors are often drawn to...

  • Barrons.com

    Kering CEO François-Henri Pinault on the Luxury Boom in China and the Millennial Shopper

    What slowdown? Kering brands such as Gucci and Balenciaga continue to score with Asian customers and millennials, says François-Henri Pinault, one of our 2019 World’s Best CEOs.

  • These Fundamentals Make Kering SA (EPA:KER) Truly Worth Looking At
    Simply Wall St.

    These Fundamentals Make Kering SA (EPA:KER) Truly Worth Looking At

    I've been keeping an eye on Kering SA (EPA:KER) because I'm attracted to its fundamentals. Looking at the company as a...

  • Reuters

    Can a derivative turn Europe's green energy dream into virtual reality?

    MILAN/MADRID, June 3 (Reuters) - Italy's Ferrero is famous for its red-and-white Kinder chocolate eggs. The confectionery giant, which runs its own gas-fired power plant near its factory in northern Italy, is in early talks to help finance a new clean energy plant, possibly a solar farm in the sunnier south, according to three sources familiar with the matter. Like other companies in Europe, Ferrero is under growing pressure from investors and authorities to shift towards greener energy.

  • Estimating The Fair Value Of Kering SA (EPA:KER)
    Simply Wall St.

    Estimating The Fair Value Of Kering SA (EPA:KER)

    Does the May share price for Kering SA (EPA:KER) reflect what it's really worth? Today, we will estimate the stock's...

  • French fashion group Kering pledges to hire only over-18 models
    Reuters

    French fashion group Kering pledges to hire only over-18 models

    Kering, the French fashion group whose brands include Gucci and Saint Laurent, said it would only work with models aged over 18, as the fashion industry aims to tighten up its ethical guidelines. Kering said on Wednesday that from 2020 onwards, it would only hire models aged over 18 to represent adults and wear its adult clothing at its fashion shows and photo sessions. "We believe that we have a responsibility to put forward the best possible practices in the luxury sector and we hope to create a movement that will encourage others to follow suit,” said Kering's chairman and chief executive François-Henri Pinault.

  • Do You Like Kering SA (EPA:KER) At This P/E Ratio?
    Simply Wall St.

    Do You Like Kering SA (EPA:KER) At This P/E Ratio?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...

  • Reuters

    French fashion group Kering sets guidelines on animal welfare

    PARIS (Reuters) - French fashion group Kering, whose brands include Gucci and Saint Laurent, said it had set out internal guidelines for dealing with the welfare of animals, as fashion companies look to ...