Brunello Cucinelli S.p.A.

BC

IT0004764699

Apparel & Accessories

Real-time Borsa Italiana Other stock markets 11:38:24 2024-04-30 am EDT			5-day change	1st Jan Change
96.1 ^EUR	-0.98%		-2.24%	+8.47%

08:24am	Stock markets expected in green ahead of GDP and inflation	AN
Apr. 29	Stock markets mixed, eyes on Middle East and Fed	AN

Cucinelli, revenues rise to double digits in first quarter

April 17, 2024 at 12:37 pm EDT

(Alliance News) - Brunello Cucinelli Spa reported Wednesday that in the first quarter of the year it posted net revenues of EUR309.1 million, up about 18 percent from EUR265.3 million in the same period a year earlier.

In Europe, revenues grew 14 percent to EUR108.8 million from EUR95.5 million while in the Americas it rose 20 percent to EUR114.2 million from EUR95.5 million. In Asia, revenues were EUR86.1 million, up 16% d EUR74.3 million in the first quarter of 2023.

In terms of distribution channels, retail was up 15 percent and the wholesale channel up 19 percent.

The company, the note said, confirmed its revenue estimate for 2024 at around 10%.

Brunello Cucinelli's stock on Wednesday closed in the green by 1.2 percent at EUR99.85 per share.

By Chiara Bruschi, Alliance News reporter

Comments and questions to redazione@alliancenews.com

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Latest news about Brunello Cucinelli S.p.A.

Stock markets expected in green ahead of GDP and inflation	02:24am	AN
Stock markets mixed, eyes on Middle East and Fed	Apr. 29	AN
Business Square still up; Eurozone confidence falls	Apr. 29	AN
Indices in green; wait for German inflation	Apr. 29	AN
Hermes Posts Sales Growth Across All Markets -- 2nd Update	Apr. 25	DJ
Hermes Posts Sales Growth Across All Markets -- Update	Apr. 25	DJ
Futures up; wait for Eurozone PMI	Apr. 23	AN
Mib bearish; DiaSorin closes ahead of all	Apr. 22	AN
Geopolitical tensions sink futures	Apr. 19	AN
Mib up in line with other European bourses	Apr. 18	AN
Brunello Cucinelli Completes EUR5 Million Share Buyback	Apr. 18	MT
Cucinelli, revenues rise to double digits in first quarter	Apr. 17	AN
Cucinelli concludes EUR5 million buyback program	Apr. 17	AN
Italy's Cucinelli defies slowdown fears with 16.5% growth in sales	Apr. 17	RE
Italy's Cucinelli defies slowdown fears with 16.5% growth in sales	Apr. 17	RE
Brunello Cucinelli S.p.A. Provides Earnings Guidance for the Year 2024	Apr. 17	CI
Transcript : Brunello Cucinelli S.p.A., Q1 2024 Sales/ Trading Statement Call, Apr 17, 2024	Apr. 17
Mib up; DiaSorin leads the way	Apr. 17	AN
Futures down; Powell confirms "hold" approach	Apr. 17	AN
TES Pharma S.r.l. announced that it expects to receive funding from XGEN Venture SGR S.p.A., Brunello Cucinelli S.p.A.	Apr. 16	CI
Widespread red in Europe, Mib also bad	Apr. 16	AN
Cucinelli chairman flags strong first quarter, including in China	Apr. 10	RE
Futures down; China services sector accelerates	Apr. 03	AN
Mib closes down, down luxury and banks	Apr. 02	AN
Mib rises 38,800; oil companies Eni and Saipem do well	Apr. 02	AN

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Company Profile

Brunello Cucinelli S.p.A. designs, produces, and sells cashmere clothing. Net sales break down by activity as follows: - sales from one-brand stores (65.5%): at the end of 2023, selling through a network of 152 stores consisting of company-owned stores (125) and franchise stores (27); - sales from multi-brand stores (34.5%). Net sales are distributed geographically as follows: Italy (11.3%), Europe (26.3%), North America (35.5%), Asia (26.9%).

Sector

Apparel & Accessories

Calendar

2024-05-19 - Ex-dividend day for final dividend

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FTSE MIB INDEX

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