Kering SA
KER: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| %wB | LOCK|Z<<Kp | LOCK|<V?Y>?v |
Gucci Recovery Remains Central to Kering's Investment Case
Business Strategy and Outlook
Kering’s portfolio of luxury brands provides the company with a narrow economic 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 the future.
