Hermès reports third-quarter sales growth and reaffirms medium-term goals
Hermès said third-quarter revenue increased 5.5% to 4.096 billion euros, with leather goods and sales in the Americas, Europe and Japan supporting performance. Revenue for the first nine months reached 12.26 billion euros, up 2.9% year over year, while currency movements reduced sales by €310 million. On a constant-exchange-rate basis, nine-month revenue rose 6% to 12.3B euros, and the company maintained its medium-term revenue-growth objectives.
Why it matters
The update gives investors current sales momentum across Hermès' main regions and product categories, while the reaffirmed medium-term goals provide continuity in the company's outlook. The different reported and constant-exchange-rate figures show that currency remains a significant factor in the results.
Key facts
- 1Third-quarter revenue rose 5.5% to 4.096 billion euros, according to Hermès. investing.com
- 2Nine-month revenue increased 2.9% to 12.26 billion euros, with currency movements reducing sales by €310 million. investing.com
- 3Nine-month revenue grew 6% to 12.3B euros at constant exchange rates. rttnews.com
- 4Leather goods and saddlery revenue increased 12.4% in the quarter to 1.912 billion euros. investing.com
- 5Hermès is scheduled to publish full-year results on February 12, 2027. investing.com
Open questions
- Material 2 reports Q3 sales growth of 4.3% and revenue of 4.1B euros but does not specify the basis for those figures, while material 1 gives reported Q3 growth of 5.5% and revenue of 4.096 billion euros.
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.