Kering Reaffirms 2026 Recurring Operating Margin Improvement Target

Bitget2026/10/22 15:41

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Kering reaffirmed its target to improve its recurring operating margin in 2026 despite a tougher macroeconomic environment.
Ongoing efficiency measures will support margin improvement, while investment in brand desirability remains high.
Third-quarter revenue fell 1% on a comparable basis to EUR 3.35 billion, with store traffic remaining the main constraint.
Expected net store closures increased to at least 125 from 100, following 105 net closures in the first nine months.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kering SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610221140OMX_____CNEWS_FR_GNW1001279427_fr) on October 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Kering Reaffirms 2026 Recurring Operating Margin Improvement Target

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