Moncler SpA

MONC: XMIL (ITA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Moncler Earnings: Solid Profitability Development as Q2 Sales Trends Soften

Jelena Sokolova

Jul 23, 2026

Moncler delivered 9% constant-currency sales growth in the first half, with second-quarter growth of 3% for the Moncler brand and 11% for Stone Island. Profitability developed positively on the back of solid gross margin and operating leverage, leading to a 70-basis-point increase in EBIT margin.

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Moncler SpA

Moncler Earnings: Solid Profitability Development as Q2 Sales Trends Soften

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