Earnings Alerts

Brunello Cucinelli (BC) Earnings: 9M Revenue Jumps to €920.2M, Up 12% Y/Y with Strong Retail Growth

By October 17, 2024 No Comments
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  • Brunello Cucinelli‘s revenue for the first nine months of 2024: €920.2 million.
  • Year-over-year revenue growth stands at 12%, compared to €818.4 million in the same period last year.
  • Sales growth at constant exchange rates increased by 12.7%.
  • Retail sales saw a robust increase of 13.3%.
  • The company fully confirms its forecasted growth of approximately 10% for the full year 2024.
  • Analyst recommendations include 8 buy ratings, 5 hold ratings, and 1 sell rating.

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A look at Brunello Cucinelli Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE2.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Looking towards the future, Brunello Cucinelli, a renowned luxury fashion company recognized for its premium cashmere products and exclusive brands, shows a promising long-term outlook based on its Smartkarma Smart Scores. With strong ratings in Growth and Momentum, the company is positioned well for future expansion and market performance. The high score in Growth reflects the company’s potential for continued development and increased market presence. Additionally, the Momentum score indicates positive market trends and investor sentiment surrounding Brunello Cucinelli‘s offerings.

Despite moderate scores in Value, Dividend, and Resilience, the overall outlook for Brunello Cucinelli remains positive, driven by its solid performance in Growth and Momentum. As a luxury fashion powerhouse designing, manufacturing, and distributing clothing and accessories worldwide for both men and women, the company’s unique positioning in the market sets a solid foundation for sustained success and growth in the long term.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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