Added to YB: 2024-05-29
Pitch date: 2024-03-31
KER.PA [bullish]
Kering SA
-13.87%
current return
Author Info
No bio for this author
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 343.91
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
Dodge & Cox International Stock Fund New Portfolio Holding: Kering SA
KER.PA: Kering, 3rd largest luxury goods co., iconic brands like Gucci & Saint Laurent. Challenges w/ underperforming Gucci (50% sales, 69% profits), but mgmt strategically reinvesting, revitalizing other brands & diversifying. Pinault family (owner-operator) has strong turnaround & M&A track record.
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