ENXTPA:RMSLuxury
Why Hermès (ENXTPA:RMS) Is Down 5.5% After Soft Q1 2026 Growth And Currency Headwinds
Hermès International Société en commandite par actions reported past first‑quarter 2026 consolidated revenue of €4.10 billion, a 6% increase at constant exchange rates versus 2025, though adverse currency movements of about €290 million meant sales were slightly lower at current exchange rates.
Despite geopolitical disruption tied to the Iran war and weaker tourism hitting France and the Middle East, Hermès still grew sales in its own stores and continued investing in new leather workshops,...