Editor’s Note
Richemont’s latest quarterly results reveal robust holiday sales, surpassing market forecasts and underscoring the resilience of the luxury sector.
The Swiss luxury goods group Richemont significantly increased its sales in the important Christmas quarter, clearly exceeding market expectations.
In the third quarter of 2025/26 (ending December), revenue rose by 4 percent to 6.4 billion euros, Richemont announced on Thursday. In local currencies, sales even increased by 11 percent.
This is more than in the record-breaking prior-year quarter, when the Geneva-based group achieved +10 percent. On average, analysts had expected organic growth of only 8.3 percent.
The jewelry business with the flagship brand Cartier remained strong (+14% at constant exchange rates), while the watch business with brands like IWC also gained momentum (+7%).
Richemont does not publish profit figures for the third quarter. As usual, the luxury goods group also did not provide a specific outlook for the full year 2025/26.