Previous close | 352.93 |
Open | 371.59 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 355.00 - 378.57 |
52-week range | 340.00 - 648.79 |
Volume | |
Avg. volume | 909 |
Market cap | 44.58B |
Beta (5Y monthly) | 1.13 |
PE ratio (TTM) | 13.94 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 15.13 (4.29%) |
Ex-dividend date | 02 May 2024 |
1y target est | N/A |
A Citi analyst contends Hermès is set to surpass its biggest competitor in the next few years and become the largest luxury fashion brand.
(Bloomberg) -- Over four days of celebrations to mark its centenary in 2014, Spain’s biggest beauty products company inaugurated a new headquarters in Barcelona with then Prince Felipe in attendance and threw a splashy party for more than 1,000 people at the world's largest art nouveau complex. Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBiden’s Gains Against Trump Vanish on Dee
Birkin bag maker Hermes reported a 17% surge in first-quarter sales on Thursday, sustaining a rapid growth rate from the previous quarter including in China, and underlining strong demand for high end luxury. Its first-quarter growth beat expectations and far outpaced larger rival LVMH, showing the strength of businesses operating in the top end of the market and defying broader weakness in key market China. Sales rose to 3.81 billion euros ($4.08 billion) for the three months to March 31 and beat expectations for a 13% rise, according to consensus provider Visible Alpha.