BIT:MONCLuxury
Slower Tourism Sales Might Change The Case For Investing In Moncler (BIT:MONC)
Moncler recently reported a 1% year-on-year sales decline for the third quarter, with a solid performance in China and the Americas offset by weak tourist demand in Europe and Japan, and plans to open a flagship store on Fifth Avenue in New York by June 2026.
Despite revenues slightly exceeding analyst expectations, the company's performance lagged behind some luxury peers, and management projected a more cautious outlook for upcoming quarters due to ongoing regional headwinds.
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