7/102 sources · 2 publishersUpdated Oct 21, 20:29 UTC
Moncler Group reports nine‑month revenue growth despite warm weather and tourism slowdown
Moncler Group posted a 3% increase in nine‑month revenue to €1.89 billion, or 6% at constant exchange rates, driven by the Moncler and Stone Island brands. Moncler brand sales rose 2% to €1.58 billion, while Q3 revenue fell 1% amid weaker direct‑to‑consumer sales and cooler tourism. The DTC channel grew 3% to €1.29 billion, and wholesale was flat overall but up 3% on a constant‑currency basis.
Why it matters
The modest top‑line growth and flat Q3 suggest limited near‑term upside, while the DTC slowdown could pressure margins. Investors should note the reliance on brand‑specific performance and the mixed channel results.
Key facts
- 1Nine‑month revenues rose 3% to €1.89 billion. finance.yahoo.com
- 2At constant exchange rates, nine‑month sales were up 6%. finance.yahoo.com
- 3Moncler brand revenues increased 2% to €1.58 billion. finance.yahoo.com
- 4Q3 Moncler revenue was €499.6 million, down 1% at constant exchange rates. finance.yahoo.com
- 5Direct‑to‑consumer channel recorded €1.29 billion in nine‑month revenue, up 3%. finance.yahoo.com
- 6Wholesale revenue totaled €298.5 million, flat year‑on‑year but up 3% at constant exchange rates. finance.yahoo.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.