Richemont stock highlights 20 percent Q1 sales growth

Published on 09/25/2026 at 14:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Richemont stock reported EUR 6.329 billion in FY27 Q1 sales on July 15, 2026. FY26 operating profit reached EUR 4.5 billion and operating cash flow EUR 4.9 billion.

Fotorealistisches Luxus-Boutique-Schaufenster in Genf, Marmor, Messing, goldenes Abendlicht — Richemont CH0045159024 präsentiert elegantes Luxusboutique-Schaufenster mit Marmor und Messing im Genfer Abendlicht, Illustration mit AI erstellt.

Richemont (ISIN CH0045159024) was trading at CHF 171.85 on the SIX Swiss Exchange at 2:03 p.m. CEST on September 25, 2026, up CHF 1.25, or 0.73 percent, from CHF 170.60. The luxury group reported FY27 Q1 sales of EUR 6.329 billion, up 20 percent at constant exchange rates for the quarter ended June 30, 2026.

Jewelry sales lead growth

According to Richemont on July 15, 2026, Jewellery Maisons sales increased 24 percent at constant exchange rates, while Specialist Watchmakers sales increased 8 percent. The split matters because the jewelry portfolio is delivering the faster growth while watches are improving at a slower rate.

Retail accounted for 71 percent of group sales in the quarter, and the latest result extended Jewellery Maisons' run of double-digit constant-currency growth to a seventh consecutive quarter. That combination gives the sales figure more substance than a simple currency effect.

Analysts disagree on valuation

RBC Capital Markets maintained its Outperform rating and CHF 220 price target on September 22, 2026, according to finanzen.ch. The target is CHF 48.15 above the intraday price, placing RBC's view materially above the current market level.

The counterpoint came from Berenberg, which maintained Hold and a CHF 170 price target on September 24, 2026, as reported by finanzen.ch. Its target sits CHF 1.85 below the current price, showing that the strong sales trajectory has not produced a uniform valuation view.

Stock remains below yearly high

Richemont's September 25 intraday range was CHF 171.25 to CHF 173.10, with volume of 114,430 shares. The 52-week range was CHF 127.20 to CHF 202.20, leaving the stock CHF 30.35 below its yearly high while the market capitalization stood at CHF 101,037,541,586.

Richemont's investor page lists FY26 sales of EUR 22.4 billion, operating profit of EUR 4.5 billion, operating cash flow of EUR 4.9 billion and net cash of EUR 8.5 billion. Those annual figures provide the balance-sheet and earnings base behind the much faster FY27 Q1 sales growth.