$ZGN

Zegna reported €433.8M revenue in Q3 2026, up 8.9% YoY. Direct-to-consumer sales grew 13%, while Thom Browne revenue fell 5.9%. The company expressed cautious optimism amid global uncertainty and a slowdown in Greater China, expecting strong performance in the Americas.

Ermenegildo Zegna NV (ZGN) reports Q3 earnings on Thursday, with analysts expecting €429.15M revenue, down 17% sequentially. The luxury menswear maker's focus on high-net-worth clients and customization will be key. Wall Street rates the stock a Buy with a $14.49 mean target. ZGN trades at 38.85x trailing earnings and 29.06x forward estimates, with a 67.58% gross margin.

HSBC initiated coverage on Ermenegildo Zegna Group (ZGN) with a Buy rating and $16.00 price target, citing 13.8% organic growth in H1 2026. HSBC expects Made-to-Measure sales growth and higher gross margins. ZGN reported $517.12M revenue, beating estimates, but profit declined. Goldman Sachs maintained a Neutral rating with a $14.00 target.

Goldman Sachs initiated coverage of 10 European luxury stocks, rating four Buy: Richemont (CHF225 target), LVMH (€500 target), Moncler (€62 target), and Prada (HK$52 target). The firm expects sector growth to rebound in 2027, with U.S. outperformance continuing. Neutral ratings were given to Kering, Burberry, Brunello Cucinelli, and Zegna, while Hermes and Swatch were rated Sell.

Goldman Sachs maintained a Neutral rating on Ermenegildo Zegna Group (NYSE:ZGN) with a $14.00 price target, implying 12% upside from the current $12.52. The luxury fashion house reported 2026 first-half revenue of $517.12 million, exceeding expectations by 7.06%, driven by direct-to-consumer sales. However, reported profit declined, while adjusted EBIT rose to EUR 74 million. The stock trades at a P/E ratio of 36.42 with gross profit margins of 67.58%, according to InvestingPro data.

Ermenegildo Zegna Group, founded in 1910, closed 14 stores in H1 2026, with more planned. The company is focusing on high-performing brands and markets, particularly in Greater China. CEO Gianluca Tagliabue stated closures are strategic, not lease-driven, and will redirect investment. The group now has 657 stores globally, with most closures in Europe, the Middle East, Africa, and Greater China, while new openings are concentrated in the Americas. The restructuring may temporarily impact financi

Zegna (ZGN) reported Q2 2026 earnings with adjusted EBIT of EUR 74M, up from EUR 69M last year. The Zegna segment saw a 14.8% margin, while Thom Browne had a EUR 8M loss due to FX impacts. TOM FORD Fashion improved, with a EUR 12M loss, better than last year's EUR 19M. Profit was EUR 28M, down from EUR 48M last year, affected by FX and tax changes. Free cash flow was EUR 19.9M, up from a EUR 23M absorption last year. Management highlighted strong performance in Zegna and ongoing transformation i

Ermenegildo Zegna N.V. reported Q2 2026 earnings, highlighting high-quality growth in China and a shift to a Direct-to-Consumer (DTC) model, now 86% of branded revenues. Zegna aims for a 15% full-year adjusted EBIT margin, with a long-term goal of 20%. Thom Browne is transitioning to a retail-oriented model, expecting positive EBIT in H2 2026. TOM FORD Fashion is projected to be slightly negative for 2026 but expects positive EBIT in the second half. The group confirmed 2027 guidance of EUR 2.2

Zegna (ZGN) reported H1 2026 revenues of €987.3M, up 6.4% YoY, with direct-to-consumer sales rising 15.8%. Profit fell to €28.4M from €47.9M due to higher taxes and FX losses. Thom Browne segment lost €8.3M. Hedge fund ownership increased to 23 funds. The stock trades at a forward P/E of 21.74.

John Galliano's Met retrospective was canceled amid controversy over his past actions. Despite his rehabilitation and work with Zara, the decision highlights the distinction between professional redemption and institutional honors. Meanwhile, Zegna reported H1 revenue of €987.3 million, but Thom Browne underperformed with a negative adjusted EBIT of $9.3 million, as it shifts from wholesale to retail. Gianfilippo Testa was named CEO of Bang & Olufsen, and Marilyne Trebus joined Kering as chief p