Kering SA
KER: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|%? | LOCK|FByL | LOCK|P^^<Xb |
Kering Earnings: Depressed Performance While Waiting for Turnaround in September
Kering reported another quarter of declining sales, with a sequential decline in the second quarter. The group is now looking ahead to a potential turning point with the debut of a new Gucci collection by Artistic Director Demna and the arrival of incoming CEO Luca de Meo in September.
