Richemont Should Prove Its Resilience Amid Difficult Industry Outlook -- Market Talk

Dow Jones04-02 20:25

1224 GMT - Richemont's results should confirm the company's strong sales progress in spite of the complex outlook for the luxury industry, analysts at Jefferies say in a note. The Swiss luxury group is scheduled to publish results for fiscal 2026 as a whole on May 22. "Our impression is that so far the Iran crisis has not derailed [Richemont's] ability to enjoy industry-leading growth," they say. The analysts expect the company to show improving demand trends in China, persistent strength in the Americas and resilience in Europe. Despite this, Richemont might also flag a clear deterioration of its performance in the Middle East for obvious reasons, Jefferies says. Shares are down 1.2%. (andrea.figueras@wsj.com)

(END) Dow Jones Newswires

April 02, 2026 08:25 ET (12:25 GMT)

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