Kering stock reports H1 revenue of EUR 7.22 billion

Published on 09/25/2026 at 10:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kering stock stood at EUR 227.20 on September 25, 2026, up 0.64 percent intraday. Recurring operating income reached EUR 921 million in H1 2026, while Gucci comparable sales fell 5 percent.

Elegante Pariser Fassade eines Luxusgüter-Firmensitzes mit Schaufenstern — Fotorealistische Pariser Fassade eines Luxus-Hauptsitzes symbolisiert Kering S.A. mit ISIN FR0000121485 im Konzern, Illustration mit AI erstellt.

Kering stock (ISIN FR0000121485) was trading at EUR 227.20 on Euronext Paris on September 25, 2026, up 0.64 percent intraday. The price stood 35.9 percent below the 52-week high of EUR 354.20, leaving the stock close to its 52-week low of EUR 224.90. Kering's first-half report provides the fundamental counterpoint.

Revenue returns to growth

In H1 2026, Kering generated revenue of EUR 7.22 billion, up 1 percent on a comparable basis, according to FashionNetwork. The second quarter returned to comparable growth, but the brand mix remains uneven because Gucci comparable sales fell 5 percent during the first half.

The company published its first-half 2026 results on July 28, 2026, after market close, according to Kering. For investors, the comparison between group-level growth and Gucci's decline is central to judging whether the recovery can broaden beyond smaller divisions.

Profit recovery remains incomplete

Recurring operating income reached EUR 921 million in H1 2026, while EBITDA was EUR 1.935 billion and the EBITDA margin stood at 26.8 percent, according to Ideal Investisseur. Net income attributable to the group fell 60 percent to EUR 189 million, creating a wide gap between operating improvement and bottom-line performance.

Analyst targets stay divided

Analyst expectations remain spread across a wide band. Bourse Direct reported on September 21, 2026, that BNP Paribas kept a neutral rating while cutting its target from EUR 285 to EUR 280; Oddo BHF raised its neutral target from EUR 255 to EUR 272. The revisions show how the stock's valuation depends on the speed of Gucci's stabilization and the durability of group margin gains.

Stock trades near yearly low

Kering stock was trading at EUR 227.20 on Euronext Paris on September 25, 2026, with a market capitalization of EUR 27.858 billion and a 52-week range of EUR 224.90 to EUR 354.20. The 0.64 percent intraday gain leaves the shares 1.0 percent above the yearly low, while the H1 figures place revenue recovery beside a still severe earnings comparison.