Added to YB: 2025-10-27
Pitch date: 2025-10-23
KER.PA [neutral]
Kering SA
-12.91%
current return
Author Info
Lux Opes Research covers European companies. Lots of them. Sign up for the newsletter.
Company Info
Kering SA manages the development of a collection of renowned houses in fashion, leather goods, and jewelry in the Asia Pacific, Western Europe, North America, Japan, and internationally.
Market Cap
EUR 40.7B
Pitch Price
EUR 340.10
Price Target
N/A
Dividend
1.81%
EV/EBITDA
14.09
P/E
55.82
EV/Sales
3.63
Sector
Textiles, Apparel and Luxury Goods
Category
turnaround
Kering (KER France): A tentative rebound meets a market already looking ahead
KER.PA (quick overview): Sales decline improved to 5% from 15% in Q2, with US returning to growth and Asia bottoming. Gucci's De Sarno creative reset is key test for revival. Targeting 17%+ margins by 2028 if mid-single digit growth normalizes. No longer cheap; gradual turnaround story pending Gucci relaunch proof.
Read full article (2 min)