Richemont Might Give a Positive Surprise -- Market Talk

Dow Jones05-12

1213 GMT - Richemont could deliver a positive surprise next week, when the company is scheduled to report results for its fiscal 2026, Bernstein analysts write in a note. The Swiss luxury group should continue to benefit from strong momentum of the jewelry category and good leadership at a time when a recovery in global luxury demand remains uncertain, they say. The analysts believe that the company could beat current consensus of a 9% sales increase for its fiscal fourth quarter, helped by outperformance in Japan. Shares are up 0.7%. (andrea.figueras@wsj.com)

(END) Dow Jones Newswires

May 12, 2026 08:13 ET (12:13 GMT)

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Shares are up 0.7%. 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