Hermes' Sales Continue to Grow at Year-End
By Andrea Figueras
Hermes closed 2025 with an increase in sales for the year's final three months amid hopes of a sustained luxury rebound this year.
The French luxury company booked revenue of 4.09 billion euros ($4.86 billion) for the last three months of the year, 9.8% higher than in the same period a year earlier at constant exchange rates. The increase in sales during the quarter, which comprises the key Christmas shopping season, showed an upward trend compared with the previous three months, when Hermes booked a 9.6% rise.
Analysts had forecast fourth-quarter sales of 4.03 billion euros, according to a FactSet poll of estimates.
For 2025 as a whole, revenue was up 8.9%. The group booked net profit of 4.52 billion euros, down from 4.60 billion euros it made in the prior year.
The company confirmed its medium-term guidance of sales growth at constant exchange rates, but added that the economic and geopolitical environment remains uncertain.
"Hermes is moving into 2026 with confidence," Chief Executive Axel Dumas said.
Write to Andrea Figueras at andrea.figueras@wsj.com
(END) Dow Jones Newswires
February 12, 2026 02:48 ET (07:48 GMT)
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