The earnings call presented a mixed picture. While there were significant achievements in cost control, free cash flow generation, and specific brand resilience, the company faced substantial challenges with declining overall revenues, particularly at Gucci and in the Asia Pacific region, alongside wholesale weaknesses. The efforts in deleveraging and operational optimization were offset by macroeconomic headwinds and brand-specific difficulties.

Company Guidance

In the first half of 2025, Kering reported revenue of EUR 7.6 billion and a recurring operating income of EUR 969 million, reflecting a 12.8% margin, which was a 470 basis point dilution compared to the previous year. Free cash flow from operations amounted to EUR 2.4 billion after EUR 431 million in capital expenditures. The company's net financial debt stood at EUR 9.5 billion, a decrease of EUR 1 billion since year-end. Kering's revenue declined by 16% on a reported basis and 15% on a comparable basis, with a negative foreign exchange impact of one percentage point in the first half. The retail segment, which accounted for 73% of revenue, was down 16% comparable, while wholesale and other revenue, comprising 27% of total revenue, decreased by 10% comparable. The company implemented a network optimization plan, reducing its store count by 41 units, excluding 17 new stores in China. Kering's strategic focus remains on enhancing operational efficiency and brand perception, as demonstrated by its commitment to cost control and talent cultivation initiatives.

Strong Free Cash Flow

Kering generated EUR 2.4 billion in free cash flow from operations in H1 2025, despite challenging conditions.

Successful Cost Optimization

OpEx was down 11% year-on-year, amounting to savings of more than EUR 550 million, with substantial contributions from fixed costs.

Debt Reduction

Net financial debt was reduced by EUR 1 billion compared to year-end 2024, aligning with the company's deleveraging trajectory.

Bottega Veneta Resilience

Bottega Veneta achieved a 2% comparable revenue increase in H1 2025, outperforming in North America with an 18% growth.

Kering Eyewear and Beaute Growth

Kering Eyewear & Beaute saw a 9% increase in royalties and other revenue, with Creed women's fragrances performing well.

Kering (PPRUY) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

PPRUY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 18, 2026	2025 (Q4)	- / -	0.225	―	―	―
Jul 29, 2025	2025 (Q2)	- / 0.42	0.774	-45.48% (-0.35)
Feb 11, 2025	2024 (Q4)	- / 0.23	1.058	-78.73% (-0.83)
Jul 24, 2024	2024 (Q2)	- / 0.77	1.578	-50.95% (-0.80)
Feb 08, 2024	2023 (Q4)	- / 1.06	1.344	-21.28% (-0.29)
Jul 27, 2023	2023 (Q2)	- / 1.58	1.757	-10.19% (-0.18)
Feb 15, 2023	2022 (Q4)	- / 1.34	1.583	-15.10% (-0.24)
Jul 27, 2022	2022 (Q2)	- / 1.76	1.428	23.04% (+0.33)	―	―
Feb 17, 2022	2021 (Q4)	- / 1.58	1.773	-10.72% (-0.19)	―	―
Jul 27, 2021	2021 (Q2)	- / 1.43	0.24	495.00% (+1.19)	―	―

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

PPRUY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 29, 2025	$25.12	$24.48	-2.55%
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%

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.

FAQ

When does Kering (PPRUY) report earnings?

Kering (PPRUY) is schdueled to report earning on Feb 18, 2026, During Market Hours (Confirmed).

What is Kering (PPRUY) earnings time?

Kering (PPRUY) earnings time is at Feb 18, 2026, During Market Hours (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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