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    Hermes Shares Surge as Revenue Grows Amid Luxury Slowdown | FinOracle

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    Hermes Shares Surge as Revenue Grows Amid Luxury Slowdown | FinOracle

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    Hermes Shares Surge as Revenue Grows Amid Luxury Slowdown | FinOracle

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    Hermes Shares Surge as Revenue Grows Amid Luxury Slowdown | FinOracle

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    Hermes Shares Surge as Revenue Grows Amid Luxury Slowdown | FinOracle

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    Hermes Shares Surge as Revenue Grows Amid Luxury Slowdown | FinOracle

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    Hermes Shares Surge as Revenue Grows Amid Luxury Slowdown | FinOracle

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Hermes Shares Surge as Revenue Grows Amid Luxury Slowdown

Shares in Hermes surged as the luxury brand reported a surge in Q4 revenue, defying the sales slowdown experienced by some peers. The company's strong brand momentum was backed by better-than-expected results in the Americas region. Hermes expressed confidence moving forward and maintained its medium-term revenue growth guidance.

by Mark Eisenberg
Fri, Feb 9, 2024 2:35pm
in Stock Market
• 2 mins read
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Hermes Shares Surge as Revenue Grows Amid Luxury Slowdown | FinOracle

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Hermes Shares Jump as Fourth-Quarter Revenue Surges

Shares in luxury-handbag maker Hermes soared after the company reported strong fourth-quarter revenue, outpacing its competitors in the industry. The surge in sales has driven shares up by 5.2%, reaching EUR2,181.50.

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