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Kering (PPRUY)
OTHER OTC:PPRUY
Earnings Data
Report Date
Jul 24, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
1.06Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 11, 2025
|% Change Since: -28.82%
|Next Earnings Date:Jul 24, 2025
Earnings Call Sentiment|Neutral
Kering faced significant challenges in 2024, with notable declines in revenue and operating income across several brands, particularly Gucci and Saint Laurent. However, there were also positive developments in Kering Eyewear, Bottega Veneta, and Kering Beauté, along with strong cash flow generation.Company Guidance
In the call, Kering's leadership outlined a comprehensive strategy for navigating challenging market conditions in 2024, emphasizing long-term brand health over short-term compromises. Key metrics highlighted include a full-year revenue of €17.2 billion, down 12% year-on-year, with recurring operating income at €2.6 billion, yielding a 14.9% margin. Gucci's revenue was reported at €7.7 billion, down 21% on a comparable basis, significantly impacting the group's performance. The group also achieved a strong free cash flow from operations of €1.4 billion, excluding real estate, while net financial debt at year-end stood at €10.5 billion. Kering's strategic focus for 2025 includes further rationalization of their retail and wholesale networks, aiming to stabilize operational efficiency and improve gross margin rates. Key operational metrics included a 40% reduction in Gucci inventory over two years and a planned closure of 50 stores in 2025, emphasizing exclusivity and the elevation of the client experience.Kering Eyewear Success
Kering Eyewear celebrated its 10th anniversary by surpassing all targets set in 2015. It has become number two worldwide in Eyewear and number one in the Luxury segment with a highly profitable business.
Bottega Veneta Growth
Bottega Veneta achieved a 6% comparable revenue growth in 2024, with retail up 10%, driven by the high desirability of leather goods and a continued increase in Average Unit Retail (AUR).
Kering Beauté Progress
Creed posted high single-digit comparable growth, and the launch of high-end Bottega Veneta fragrances exceeded expectations, contributing positively to Kering Beauté's performance.
Strong Cash Flow Generation
Free cash flow from operations stood at €1.4 billion or €3.6 billion excluding real estate, highlighting successful inventory management and disciplined CapEx.
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PPRUY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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PPRUY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 11, 2025 | $25.19 | $25.58 | +1.55% |
| Jul 24, 2024 | $33.98 | $32.46 | -4.47% |
| Feb 08, 2024 | $40.84 | $42.86 | +4.95% |
| Jul 27, 2023 | $55.71 | $56.98 | +2.28% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Kering (PPRUY) report earnings?
Kering (PPRUY) is schdueled to report earning on Jul 24, 2025, TBA Not Confirmed.
What is Kering (PPRUY) earnings time?
Kering (PPRUY) earnings time is at Jul 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PPRUY EPS forecast?
Currently, no data Available
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