Previous close | 98.28 |
Open | 96.80 |
Bid | 94.10 x 0 |
Ask | 99.85 x 0 |
Day's range | 96.00 - 96.80 |
52-week range | 68.65 - 120.20 |
Volume | |
Avg. volume | 12,160 |
Market cap | 6.535B |
Beta (5Y monthly) | 1.12 |
PE ratio (TTM) | 68.16 |
EPS (TTM) | 1.41 |
Earnings date | N/A |
Forward dividend & yield | 0.65 (0.87%) |
Ex-dividend date | 22 May 2023 |
1y target est | N/A |
Italian luxury group Brunello Cucinelli performed well in the first quarter, including in the Unites States and China, the group's founder and executive chairman said on Wednesday. The group, which is focused on high-end clothing and accessories, expects to raise prices by 1-2% this year, after a 4% increase last year, Executive Chairman Brunello Cucinelli said at an event in Milan. Cucinelli is due to publish first quarter results on Apr. 17.
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MILAN (Reuters) -Sales at Italian luxury group Brunello Cucinelli rose 23.9% in 2023, a touch above its latest guidance and market expectations, defying a sector slowdown thanks to its focus on the industry's high end. The first luxury group to report 2023 preliminary sales said last year's revenues rose by 20.8% in the Americas, 40.4% in Asia and 16.8% in Europe. "The great orders in our portfolio for the Spring-Summer 2024 collection and the excellent start of sales... result in a most optimistic outlook for the first half of this year", Executive Chairman Brunello Cucinelli said a press release.