|Bid||55.15 x 0|
|Ask||57.55 x 0|
|Day's range||56.50 - 56.80|
|52-week range||40.02 - 63.75|
|Beta (5Y monthly)||1.10|
|PE ratio (TTM)||72.09|
|Forward dividend & yield||0.42 (0.74%)|
|Ex-dividend date||23 May 2022|
|1y target est||N/A|
Italian luxury group Brunello Cucinelli said on Tuesday it had raised again its revenue guidance for 2022 after posting a 46.4% sales jump in the second quarter of the year. The brand known for cashmere clothing sees a revenue growth of 15% for this year which compares with a previous estimate of around +12%. Cucinelli confirmed a revenue growth of around 10% in 2023 and said it expects revenues of approximately 1 billion euros ($1.01 billion) in 2024, it said in a statement.
Revenues at Italian luxury group Brunello Cucinelli rose 19.6% at current exchange rates in the first quarter, as all geographical areas contributed positively to the company's performance, it said in a statement on Wednesday. Based on the performance in the first part of the year, the company confirmed its estimates of a revenue growth of around 12% and 10% for 2022 and 2023, respectively.
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