Hermes International SA

RMS: XPAR (FRA)

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Hermès Earnings: Revenue Growth Solid as Currency Weighs on Profits

Jelena Sokolova

Jul 29, 2026

Hermès delivered 6.7% growth in the second quarter at constant exchange rates, a slight acceleration from the first quarter (5.6% growth). Currencies weighed on profits, as operating margin dropped by 40 basis points. Markets were disappointed, sending shares 10% lower.

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Hermes International SA

Hermès Earnings: Revenue Growth Solid as Currency Weighs on Profits

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