Moncler S.p.A.·Consumer Cyclical

Moncler delivered solid FY2025 results, with Q4 sales acceleration and a 5% EBIT beat versus consensus, but shares now reflect much of the upside. Management provided no formal guidance, with indications of flattish growth for Moncler and gradual improvement at Stone Island, leading us to adopt cautious assumptions on sales and margins. Following the post-earnings share price move, MONRF trades broadly in line with peers; with pricing power moderating and competition intensifying in China, we maintain a Neutral stance.

The stock rose 11% in European morning trade after the Italian group delivered strong results for the crucial shopping period.

Moncler S.p.A. (MONRY) Q4 2025 Earnings Call Transcript

The appointment adds to a string of management changes across European luxury-goods as the industry struggles to move on from a period of faltering sales.

The appointment adds to a string of management changes across European luxury-goods as the industry struggles to move on from a period of faltering sales.

Italian luxury outerwear group Moncler said on Tuesday its main shareholder Remo Ruffini was leaving the role of chief executive officer from April 1, to be replaced by Bartolomeo Rongone, currently at the helm of Bottega Veneta.
Moncler S.p.A., together with its subsidiaries, designs, produces, and distributes clothing and related accessories for men, women, and children under the Moncler and Stone Island brand names. Its product portfolio includes footwear products; leather goods, such as bags, backpacks, and accessories; and sunglasses, eyeglasses, frames, and men's and women's ski goggles under the Moncler Lunettes brand. The company also offers perfume for men and women. As of December 31, 2021, it operated 237 retail directly operated stores and 64 wholesale shop-in-shops. The company also sells its products through moncler.com, an online store. It serves in Italy, other European countries, Japan, the rest of Asia, and the Americas. The company was formerly known as Moncler S.r.l. and changed its name to Moncler S.p.A. in October 2013. Moncler S.p.A. was founded in 1952 and is headquartered in Milan, Italy.
Consumer Cyclical
Apparel - Manufacturers
7,354
2013-12-20
1.13