Kering SA
KER: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|>T | LOCK|@m#t | LOCK|N<dpzj |
Kering Earnings: Sequential Improvement of Gucci Encouraging; Shares Attractive
Kering delivered a sequential improvement in revenue trends in the second quarter, with Gucci's comparable revenue decline narrowing to 2% (negative 8% in the first quarter) and half-year margin improving by 40 basis points. Markets reacted positively, sending shares up 10%
