Dow Jones Newswires: Richemont profit misses expectations despite rising sales [MarketWatch]
COMPAGNIE FNCE RCH UN/ADR (CFRUY)
NASDAQ:AMEX Investor Relations:
saint-gobain.com/en/finance
Company Research
Source: MarketWatch
Richemont profit misses expectations despite rising sales Compagnie Financiere Richemont SA said Friday that its first-half sales rose, but earnings missed analysts’ expectations. The Swiss luxury-goods group reported CFR, -5.03% net profit of 869 million euros ($961.2 million) for the period to Sept. 30. This was down from EUR2.25 billion the year previous, when Richemont booked an extraordinary gain of EUR1.38 billion after purchasing online luxury retailer Yoox Net-a-Porter. Excluding this gain, net profit was broadly stable, Richemont said. The result fell short of analysts’ expectations of EUR971 million, according to a consensus estimate provided by FactSet. The owner of Cartier and Van Cleef & Arpels said sales for the first half of fiscal 2020 rose 9% to EUR7.4 billion, slightly lower than analysts’ expectations of EUR7.49 billion according to a FactSet estimate. At constant exchange rates, sales grew by 6%, Richemont said. Sales growth was powered by the company’s online d
Show less
Read more
Impact Snapshot
Event Time:
CFRUY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CFRUY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CFRUY alerts
High impacting COMPAGNIE FNCE RCH UN/ADR news events
Weekly update
A roundup of the hottest topics
CFRUY
News
- Why Universal Genève Is Poised to Become the Most Important Watch Brand of the 21st Century [Yahoo! Finance]Yahoo! Finance
- Royal Jewels Reigned Supreme At Geneva Jewelry Auctions [Forbes]Forbes
- What's new this month in travel, accessories, art and more [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Stork expands leadership team to scale AI-powered digital warehouse for luxury goods [Yahoo! Finance]Yahoo! Finance
- The 10 Best Personal Item Bags To Take With You On Your Next Flight [Forbes]Forbes