Hermes Q3 Revenue Reported as Headwinds Persist
Hermes reported third-quarter revenue for the quarter through September. RBC Capital Markets analyst Piral Dadhania said challenges could linger in coming quarters; leather goods performed broadly in line with expectations.
Hermes's third-quarter results show challenges that threaten to linger, RBC Capital Markets' Piral Dadhania says. The Parisian luxury group booked revenue of 4.1 billion euros for the quarter through September. The leather goods business delivered a performance broadly in line with expectations, bu…