Kering Eyewear Reports 6% Revenue Growth in Q3 2026 Amid Stable Group Performance

Kering reported third-quarter group revenue of €3,345 million, stable on a reported basis and down 1 percent on a comparable basis year-over-year. The Kering Eyewear segment demonstrated resilience, achieving €373 million in revenue, up 6 percent as reported and 4 percent on a comparable basis. Group CFO Armelle Poulou attributed this to the platform's strength and scalability, noting growth across all regions driven by initiatives such as the Maui Jim Fall Winter 2026 launch and Lindberg’s 40th anniversary. Channel performance varied: wholesale revenues rose 3 percent on a comparable basis, while directly operated retail network sales, including e-commerce, decreased 3 percent. North America accounted for 25 percent of group revenue, a 2 percent increase. For the first nine months, group revenue totaled €10,565 million, down 2 percent as reported. Kering completed 105 net store closures during this period, exceeding its full-year objective ahead of schedule, with plans for at least 125 net closures for 2026.