Compagnie Financière Richemont SA (CFR.SW) [Yahoo! Finance]
COMPAGNIE FNCE RCH UN/ADR (CFRUY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
shopping season as consumers splurged on Cartier jewelry, a tentative sign that demand for luxury goods may be recovering. Most Read from Bloomberg These Homes Withstood the LA Fires. Architects Explain Why As E-Bikes Boom in NYC, Some Call for More Regulations Chicago Agency Pitches $1.5 Billion Plan to Fix Transit Woes NYPD Reforms Car Chase Policy Amid Rising Crashes, Injuries Churches, Cinemas — and Moon Artifacts — Top List of Endangered Monuments Sales soared 10% during the three months through December at constant exchange rates, Richemont said Thursday. Analysts had expected a gain of less than 1%. The Americas and Europe drove the performance, with purchases of expensive jewelry offsetting weak watch sales, which have weighed on the group's performance. “We view these results as exceptionally strong,” Piral Dadhania, an analyst at RBC Capital Markets, wrote in a note. The performance lifted shares of Richemont by as much as 18% in early trading and boosted o
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