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Kering Reports Q2 Same-Store Sales Growth of 2%, Revenue €3.65B Beats Forecast; ADR Up 13%

2026-07-28 15:46:17

Kering reported Q2 same-store sales growth of 2%, slightly below analyst expectations of 2.58%, with Q2 revenue reaching €3.65 billion, exceeding the €3.62 billion forecast. Gucci same-store sales declined 2% in the quarter, better than the predicted 3.27% drop. For the first half of 2026, Kering's same-store sales growth reached 1% and continued operating profit stood at €923 million, surpassing analyst forecasts of €882.3 million. The company's ADR rose 13% following the earnings announcement.

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