Moncler SpA

MONC: XMIL (ITA)
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Moncler: Extended Summer Weighs on Winter Cachet; Shares Undervalued

Moncler reported a sequential deceleration in organic sales for the third quarter, with top-line growth down 1% year over year, roughly in line with FactSet consensus. Shares were flat at market open on Oct. 22.

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