Bernstein Sees Richemont Sales Beating Consensus; Shares Jump Ahead of FY26 Results
Shares of Compagnie Financiere Richemont SA rose on Tuesday after Bernstein said its analysis indicates the luxury group could exceed current consensus forecasts for fourth-quarter FY26 sales growth at constant exchange rates. The brokerage’s regional regression models, drawing on datasets from Japan, Mainland China, Hong Kong and France, point to …