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Investors interested in Retail - Jewelry stocks are likely familiar with Signet (SIG) and Compagnie Financiere Richemont AG (CFRUY). But which of these two stocks offers value investors a better bang for their buck right now?
Compagnie Financiere Richemont SA (OTCPK:CFRHF) Q4 2024 Results Conference Call May 17, 2024 3:30 AM ET Company Participants Sophie Cagnard - Corporate Communications and IR Director Johann Rupert - Chairman Jérôme Lambert - CEO Burkhart Grund - CFO Cyrille Vigneron - Cartier CEO Nicolas Bos - Van Cleef & Arpels CEO Conference Call Participants Zuzanna Pusz - UBS Thomas Chauvet - Citi Louise Singlehurst - Goldman Sachs Melania Grippo - BNP Paribas Luca Solca - Bernstein Patrik Schwendimann - ZKB Piral Dadhania - RBC Carole Madjo - Barclays Rogerio Fujimori - Stifel Sophie Cagnard To be better with mic on. So sorry about that.
Richemont shares jump after full-year results. CNBC's Charlotte Reed covers the developments.
Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after it reported record full-year sales even as Asia Pacific spending waned.
Richemont reported sales at constant exchange rates for the full year that beat the average analyst estimate. After reporting the annual profit, Richemont named Nicolas Bos as its new chief executive officer in a management shuffle.
Investors with an interest in Retail - Jewelry stocks have likely encountered both Signet (SIG) and Compagnie Financiere Richemont AG (CFRUY). But which of these two stocks is more attractive to value investors?
Investors with an interest in Retail - Jewelry stocks have likely encountered both Signet (SIG) and Compagnie Financiere Richemont AG (CFRUY). But which of these two stocks presents investors with the better value opportunity right now?
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Inflation-pressured consumers tend to cut back on their luxury purchases. At least, that's what PYMNTS Intelligence data has found.
Swiss watch seller Compagnie Financière Richemont on Thursday reported a sharp uptick in its revenues in the final three months of 2023, driven by surging jewelry sales in China and Japan which offset a drop in sales in Europe.