Streetbeat News

CFRHF

Compagnie financiere Richemont SA

Industry

Hosiery and Sock Mills

Open

138.92

Mkt cap

80B

Volume

High

138.92

P/E Ratio

22.19

52-wk high

169.97

Low

136.00

Div yield

0.03

52-wk low

120.76

Richemont, the owner of Cartier, reported results that missed expectations due to weaker demand in China and a decline in luxury watch sales.

Portfolio Pulse from

November 11, 2024 | 2:30 am

Compagnie Financiere Richemont SA (CFRHF) held its Q2 2025 earnings call, discussing financial results and company performance. Key participants included executives and analysts from major financial institutions.

Portfolio Pulse from

November 10, 2024 | 12:30 pm

Richemont, owner of luxury brands like Cartier, is experiencing decreased demand in China and record gold prices, leading to a 1% drop in revenue and a 17% decline in operating profit for the first half of its financial year.

Portfolio Pulse from

November 08, 2024 | 1:15 pm

Cartier owner Richemont reported a 1% decline in sales for Q2, citing weaker conditions in China as a contributing factor.

Portfolio Pulse from

November 08, 2024 | 6:45 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.