Richemont Posts Strong Sales Update Against High Bar

Dow Jones07-15

0613 GMT - Richemont delivered a strong revenue print at group level and at its core jewelry business against a high bar, RBC Capital Markets analyst Piral Dadhania says. The Swiss luxury company reported sales for its fiscal first quarter of 6.33 billion euros, 20% higher on year, while the key jewelry segment posted a 24% increase in sales. These results should be received positively by the market, the analyst writes in a note, adding that they could trigger consensus revenue and earnings upgrades. (andrea.figueras@wsj.com)

(END) Dow Jones Newswires

July 15, 2026 02:14 ET (06:14 GMT)

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