Kering SA
KER: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|gJ | LOCK|v>l# | LOCK|hN^&!Lc |
Gucci's Performance Shows Early Signs of Stabilization
Business Strategy and Outlook
Kering Group’s portfolio of luxury brands provides it with a narrow moat and a good platform for future growth. The flagship Gucci brand accounts for over 40% of revenue and over 60% of the company's earnings, but brands like Saint Laurent, Bottega Veneta, and Balenciaga are also set to support growth in future.
