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Shares of Cartier owner Richemont jump 17% as sales rise in December quarter
Richemont shares rose 17.15% at 8:10 a.m. London ... The stock jumped on the May appointment of new CEO Nicolas Bos, former head of the group's Van Cleef & Arpels jewellery brand.
MarketWatch21d
Richemont stock is surging by the most ever. Other luxury plays are jumping too.
The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales as it blew by analyst estimates. Richemont, whose brands include ...
Investopedia21d
European Luxury Stocks Jump on Richemont's Record Quarterly Sales
Raul Ariano / Bloomberg via Getty Images European luxury shares jumped Thursday after Cartier parent Richemont reported record quarterly sales. Richemont's results raised investor hopes that the ...
Yahoo Finance22d
Richemont Sales Soar in Early Sign of Luxury Recovery
Sales soared 10% during the three months through December at constant exchange rates, Richemont said Thursday. Analysts had expected an increase of less than 1%. The Americas and Europe drove the ...
Business Insider24d
Strong Buy: Richemont’s Growth Potential in the Luxury Jewelry Market
TD Cowen analyst Oliver Chen upgraded the rating on Compagnie Financiere Richemont SA (CFR – Research Report) to a Buy today, setting a price target of CHF163.00. Discover outperforming stocks ...
NBC Washington21d
Shares of Cartier owner Richemont jump 16% as sales rise in December quarter
Richemont shares closed 16.36% higher on Thursday ... The stock jumped on the May appointment of new CEO Nicolas Bos, former head of the group's Van Cleef & Arpels jewellery brand.