Italian luxury group Zegna's Q3 revenue inches up on DTC growth

Reuters10-23

Italian luxury group Zegna's Q3 revenue inches up on DTC growth

Overview

Ermenegildo Zegna Q3 2025 revenue rose 0.2% YoY, driven by DTC growth
Company's DTC channel grew 4.5% YoY, offsetting wholesale decline
Americas region led growth with 8.2% YoY revenue increase in Q3

Outlook

Company expects challenging environment due to uncertainties in demand and currency fluctuations
Company remains confident in achieving mid-term targets

Result Drivers

DTC GROWTH - Strong performance in DTC channel with 4.5% YoY and 9.1% organic growth, led by ZEGNA brand
WHOLESALE DECLINE - Strategic focus on DTC led to 15.5% YoY decline in wholesale revenues
BRAND PERFORMANCE - ZEGNA brand led growth with 2.0% YoY and 5.6% organic increase, driven by DTC in Americas and EMEA

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q3 Revenue		EUR 398.20 mln

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the apparel & accessories peer group is "hold."
Wall Street's median 12-month price target for Ermenegildo Zegna NV is $10.92, about 4.1% above its October 21 closing price of $10.47
The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 19 three months ago

Press Release: ID:nBw4QCyzNa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4202","symbol_name":"服装、服饰与奢侈品","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251023:nL1N3W40C2:1","article_id":"2577228377","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2577228377","pubTimestamp":1761214467,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Italian luxury group Zegna's Q3 revenue inches up on DTC growthOverviewErmenegildo Zegna Q3 2025 revenue rose 0.2% YoY, driven by DTC growthCompany's DTC channel grew 4.5% YoY, offsetting wholesale de","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4202":"服装、服饰与奢侈品","ZGN":"Ermenegildo Zegna NV"},"translate_title":"意大利奢侈品集团杰尼亚第三季度收入因DTC增长而小幅增长","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ZGN":0.9},"content_text":"Italian luxury group Zegna's Q3 revenue inches up on DTC growthOverviewErmenegildo Zegna Q3 2025 revenue rose 0.2% YoY, driven by DTC growthCompany's DTC channel grew 4.5% YoY, offsetting wholesale declineAmericas region led growth with 8.2% YoY revenue increase in Q3OutlookCompany expects challenging environment due to uncertainties in demand and currency fluctuationsCompany remains confident in achieving mid-term targetsResult DriversDTC GROWTH - Strong performance in DTC channel with 4.5% YoY and 9.1% organic growth, led by ZEGNA brandWHOLESALE DECLINE - Strategic focus on DTC led to 15.5% YoY decline in wholesale revenuesBRAND PERFORMANCE - ZEGNA brand led growth with 2.0% YoY and 5.6% organic increase, driven by DTC in Americas and EMEAKey DetailsMetricBeat/MissActualConsensus EstimateQ3 RevenueEUR 398.20 mlnAnalyst CoverageThe current average analyst rating on the shares is \"buy\" and the breakdown of recommendations is 6 \"strong buy\" or \"buy\", 3 \"hold\" and no \"sell\" or \"strong sell\"The average consensus recommendation for the apparel & accessories peer group is \"hold.\"Wall Street's median 12-month price target for Ermenegildo Zegna NV is $10.92, about 4.1% above its October 21 closing price of $10.47The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 19 three months agoPress Release: ID:nBw4QCyzNaFor questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.(This story was created using Reuters automation and AI based on LSEG and company data. 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