Equities

SMCP

FR0013214145

Apparel & Accessories Retailers

Market Closed - Euronext Paris Other stock markets 11:35:03 2025-01-13 am EST			After market 03:59:58 pm
3.425 ^EUR	-2.56%		3.445	+0.58%

Jan. 03	SMCP: ADP G converted into ordinary shares	CF
Oct. 29	SMCP: organic sales down by almost 3% for the first nine months	CF

SMCP: organic sales down by almost 3% for the first nine months

October 29, 2024 at 08:44 am EDT

SMCP (Sandro, Maje, Claudie Pierlot) posted sales of €878 million for the first nine months of the year, down 2.7% in organic terms under the weight of China, without which its sales grew by 1.4% in organic terms.

The group highlights continued optimization of the store network, with 35 net closures in the third quarter, mainly in Asia and at Claudie Pierlot in Europe, to reach 1,666 points of sale.666 points of sale.

'The Group's teams are fully committed to pursuing the action plan initiated at the beginning of the year, aimed at stimulating our growth while ensuring our financial solidity and protecting our profitability', says CEO Isabelle Guichot.

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Latest news about SMCP S.A

SMCP: ADP G converted into ordinary shares	Jan. 03	CF
SMCP: organic sales down by almost 3% for the first nine months	24-10-29	CF
SMCP S.A. Reports Unaudited Sales Results for the Third Quarter and Nine Months of 2024	24-10-29	CI
SMCP: new CEO appointed for North America	24-10-02	CF
SMCP Group Announces Executive Changes	24-10-02	CI
Four steps back, one step forward	24-09-10
France's SMCP Enters Distribution Deals in Philippines, Indonesia	24-09-10	MT
SMCP enters Indonesia and the Philippines	24-09-10	CF
SMCP: favorable court ruling, speculation grows	24-09-09	CF
The market burns its idols	24-09-09
SMCP: surrounded after an analyst upgrade	24-07-30	CF
SMCP : Oddo BHF raises its opinion	24-07-30	CF
SMCP S.A., Q2 2024 Earnings Call, Jul 25, 2024	24-07-25
SMCP S.A. Reports Earnings Results for the Half Year Ended June 30, 2024	24-07-25	CI
UK Court Declares SMCP Stakeholder's 2021 Share Transfer Invalid	24-07-15	MT
SMCP: sale of a block of capital invalidated	24-07-15	CF
SMCP: organic sales down 5% in Q1	24-04-25	CF
SMCP S.A., Q1 2024 Sales/ Trading Statement Call, Apr 25, 2024	24-04-25
SMCP S.A. Reports Unaudited Sales Results for the First Quarter of 2024	24-04-25	CI
SMCP: sales down in Q4	24-02-29	CF
SMCP: Inflation affects profitability in 2023	24-02-28	RE
SMCP S.A., 2023 Earnings Call, Feb 28, 2024	24-02-28
France's SMCP sees inflation, demand slowdown still weighing in first half	24-02-28	RE
SMCP S.A. Reports Earnings Results for the Full Year Ended December 31, 2023	24-02-28	CI
CAC40: little movement, caution prevails	24-01-29	CF

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Company Profile

SMCP S.A specializes in the design and marketing of men and women's luxury clothing and accessories. The products are sold under Sandro (48.9% of net sales), Maje (37.6%), Claudie Pierlot and Fursac (13.5%). Net sales break down by activity as follows: - sales in company-owned stores (29.8%); - sales in department store corners (29.3%); - online sales (17.5%); - sales in outlet stores (12.9%); - sales to local partners (8.3%); - sales to affiliated stores (2.2%). Products are fabricated by subcontractors. At the end of 2023, the products were marketed through a network of 1,730 stores worldwide (including 1,373 company-owned stores) and via the Internet. Net sales are distributed geographically as follows: France (33.6%), Europe/Middle East/Africa (31.6%), Asia/Pacific (20.7%) and Americas (14.1%).

Employees

6,749

Sector

Apparel & Accessories Retailers

Calendar

2025-02-26 - Q4 2024 Earnings Release

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