REG-Kering: Revenue for the Third Quarter of 2026
Globe Newswire•22/10/2026•11:40 ET
1
Key Highlights
- ➤Kering Q3 revenue €3,345 million, stable reported and down 1% comparable
- ➤Gucci Q3 revenue €1,291 million, down 4% reported and 6% comparable
- ➤Kering Jewelry Q3 revenue €239 million, up 12% reported and 11% comparable
- ➤Kering Eyewear Q3 revenue €373 million, up 6% reported and 4% comparable
- ➤Kering targets at least 125 net store closures in 2026, confirms margin improvement objective
Expert Statements
Luca de Meo, CEO of Kering
“Third-quarter revenue reflects the phasing we anticipated, in a softer macroeconomic environment. The recovery of Gucci remains our defining priority. We are steadily strengthening desirability and advancing our product development at pace. Reflecting the complementarity of our portfolio, Saint Laurent, Bottega Veneta and Brioni, as well as Kering Eyewear and Kering Jewelry, continue to extend their strong trajectory and we are doubling down on the renewal of Balenciaga and Alexander McQueen. Unlocking the Group's full potential requires restoring momentum at Gucci, accelerating on product excellence, delivering our action plan in China, realizing the full benefits of our Group platform and embedding a culture of execution across the organization. The transformation of Kering is a multi-season undertaking, but the improvements we are seeing across the Group, notably in desirability and key operating indicators, reinforce our confidence in the direction we have set, and the determination of our teams to deliver it.”
Disciplined execution and tangible progress on the Group's strategic priorities in a challenging environment
Focused action plan to restore Gucci desirability and rebuild foundations for sustainable growth
Get started
Create a free account to read the full story.