Kering reports EUR 3.35 billion sales. Kering stock loses 1.17 percent

Published on 10/27/2026 at 10:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Gucci revenue fell 6.00 percent in the third quarter. Kering stock costs EUR 177.46 on October 27, 2026, 1.17 percent below its Xetra close.

Kering results and Gucci pressure

Kering reported EUR 3,345 million in third-quarter revenue on October 22, 2026.
Gucci generated EUR 1,291 million in third-quarter revenue, down 6.00 percent on a comparable basis.
Kering stock trades at EUR 177.46 at 10:40 a.m. CEST at Lang & Schwarz on October 27, 2026, 1.17 percent below the Xetra close of October 26, 2026.

Kering S.A., FR0000121485, Illustration mit AI erstellt.

Kering (ISIN FR0000121485) is trading at EUR 177.46 at Lang & Schwarz on October 27, 2026, at 10:40 a.m. CEST, down 1.17 percent versus the Xetra close of October 26, 2026 at EUR 179.56. The group reported third-quarter revenue of EUR 3,345 million on October 22, 2026, stable on a reported basis and down 1.00 percent on a comparable basis, according to Kering.

Gucci remains the pressure point

The headline figure conceals a sharp split between brands. Gucci revenue reached EUR 1,291 million in the third quarter, down 4.00 percent as reported and 6.00 percent on a comparable basis year over year. By contrast, Kering Jewelry posted EUR 239 million, up 11.00 percent on a comparable basis, while Kering Eyewear generated EUR 373 million, up 4.00 percent on that basis, according to the company release.

The mix matters because Gucci remains the largest individual brand in the reported portfolio. Kering's presentation also showed nine-month revenue of EUR 10,565 million, down 2.00 percent as reported and stable on a comparable basis. The figures leave the recovery dependent on whether Gucci can stabilize traffic and conversion.

What does the target reset signal?

Analyst revisions added a valuation counterweight after the revenue update. According to Money.it on October 23, 2026, Barclays cut its target from EUR 300.00 to EUR 230.00, while Jefferies reduced its target from EUR 220.00 to EUR 200.00. The same report said JPMorgan lowered its target from EUR 215.00 to EUR 200.00.

For investors, the important comparison is between Gucci's 6.00 percent comparable decline and the 4.00 percent reported decline. That gap shows how currency and presentation effects softened the reported contraction without changing the underlying brand weakness.

Stock stays near its yearly low

Boursorama identifies Kering under ticker KER on Euronext Paris and lists the CAC 40 as its reference index, linking the company to France's main equity benchmark through Boursorama. The current EUR 177.46 quote stands EUR 1.32 above the reported 52-week low of EUR 176.14 and below the 52-week high of EUR 334.65.

Price and investor context

The market picture combines a fresh revenue figure with a weaker brand contribution and lower analyst targets. Kering's market capitalization is EUR 21.7 billion as of October 27, 2026, while the stock trades 1.17 percent below the Xetra close of October 26, 2026 at EUR 179.56.

Kering stock was trading at EUR 177.46 at Lang & Schwarz on October 27, 2026, at 10:40 a.m. CEST, 1.17 percent below the Xetra close of October 26, 2026 at EUR 179.56. The further course of trading is shown by the continuously updated real-time quote of Kering stock.