Q3 2024 - Financial highlights•Net revenue was SEK 239.6 (236.4) million, corresponding to a rise of 1.4% (-16.9%)•Gross profit was SEK 130.7 (119.8) million, corresponding to a gross margin of 54.5% ...
We believe brands go through fashion cycles lasting around 5 years and our forecasts for more near-term pressure on Gucci reflect those. We still expect the long-term margin for Gucci to be below the ...