Hermes and Gucci sales fall short on Middle East turmoil. Investors were surprised.
Hermes International, trading at 34 times earnings, saw its stock get pummeled on Wednesday after the luxury-goods maker reported slower-than-expected first-quarter sales growth.
By · April 15, 2026 · 1 min read
This article was originally published by
MarketWatch
and is republished here under license.
Hermes International, trading at 34 times earnings, saw its stock get pummeled on Wednesday after the luxury-goods maker reported slower-than-expected first-quarter sales growth.
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