Compagnie Financière Richemont SA (CFR.SW)
| Previous close | 149.20 |
| Open | 149.30 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 148.80 - 151.10 |
| 52-week range | 102.95 - 154.00 |
| Volume | |
| Avg. volume | 977,971 |
| Market cap | 87.86B |
| Beta (5Y monthly) | 1.25 |
| PE ratio (TTM) | 23.49 |
| EPS (TTM) | 6.39 |
| Earnings date | 17 May 2024 |
| Forward dividend & yield | 2.75 (1.83%) |
| Ex-dividend date | 19 Sept 2024 |
| 1y target est | 152.97 |
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ReutersLuxury group Richemont reports slowdown in Q4 sales, appoints new CEO
Richemont confirmed the slowdown in the luxury sector when the Cartier jewellery owner reported a 1% drop in its fourth quarter sales on Friday. The company, which also owns high-end Swiss watch brands like Piaget and Jaeger-LeCoultre, said sales fell to 4.80 billion euros ($5.21 billion) in the three months to the end of March. For the full year to the end of March, Richemont's sales rose 3% to 20.62 billion euros, while shareholder's full year net profit of 2.36 billion euros missed the 3.09 billion euros in the consensus compiled by Visible Alpha.
- Investing.com
Richemont sales growth tops expectations despite quarter-on-quarter slowdown
Investing.com -- Richemont (SIX:CFR) reported a slowdown in sales growth in its fourth quarter as the luxury house known for its Cartier brand was hit by sluggish demand in its key Chinese market.
