EarningsQ4 2026 Earnings Report
MX:CFRIN Q4 2026 EPS Results
Actual EPS$57.70
Consensus EPS$65.61
Beat/MissMissed by -$7.91
One Year Ago EPS$70.34
MX:CFRIN Q4 2026 Revenue Results
Actual Revenue$238.43B
Expected Revenue$108.09B
Beat/MissBeat by +$130.34B
YoY Revenue Growth+2.31%
Earnings Announcement Details
QuarterQ4 2026
Date05/22/2026
TimeBefore Open
Conference CallFriday, May 22, 2026
MX:CFRIN Upcoming Earnings
Compagnie Financiere Richemont SA's next earnings date is estimated for November 13, 2026, based on past reporting schedules.
Q4 2026 Earnings Call Audio
No earnings call audio is available for this earnings event.
Q4 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q4 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a predominantly positive operational and financial picture: strong top‑line momentum (EUR 22.4bn sales), robust performance and market share gains from Jewellery Maisons, healthy cash generation and a strong balance sheet enabling a higher dividend. However, material margin headwinds from higher gold prices, U.S. duties, FX volatility and one‑off impairments weighed on gross margins and below‑the‑line results, and Specialist Watchmakers and some other businesses showed mixed or weak performances. On balance, the business fundamentals, cash position and earnings resilience outweighed the challenges described.Company Guidance
Group Sales Growth
Total sales of EUR 22.4 billion, up 11% at constant exchange rates and 5% at actual exchange rates; Q4 sales up 13% at constant rates, demonstrating sustained momentum across the year.
Strong Jewellery Maisons Performance
Jewellery Maisons sales EUR 16.5 billion, up 14% at constant rates (8% at actual rates); double‑digit growth across regions; operating profit for Jewellery Maisons ~EUR 5.0 billion, up 3% (20% at constant rates) with an operating margin of 30.5%.
Regional Strength — Americas & Japan
Americas sales up 17% for the year (double‑digit growth throughout; Q4 +18%); Japan sales up 9% for the year with Q4 accelerating to +28%.
Solid Cash Generation and Balance Sheet
Operating cash flow EUR 4.9 billion (up ~10% YoY), free cash flow EUR 2.8 billion (EUR 0.6 billion higher than prior year), and net cash position of EUR 8.5 billion (increase of EUR 239 million).
Profit and Underlying Operating Performance
Reported operating profit EUR 4.5 billion (+1% actual; +23% at constant exchange rates); underlying operating profit excluding EUR 164 million nonrecurring charges and targeted buybacks close to EUR 4.7 billion.
Capital Allocation and Shareholder Returns
Gross CapEx EUR 1.0 billion (4.6% of sales), focused on distribution and manufacturing; Board proposed total dividend CHF 4.30 (ordinary CHF 3.30 up 10% plus special CHF 1.00).
Balanced Channel & Distribution Progress
Retail represented 71% of group sales (retail sales +12%); direct‑to‑client (DOOS + online) 77% of group; online sales contributed 6% and rose 8%.
Investment in Craftsmanship, Brand & Client Experience
Strategic investments in ateliers and training: ~200 apprentices in Switzerland/Germany, ~100 in France/Italy, 20 designers in Creative Academy; Fondation Cartier welcomed >300,000 visitors; selective store openings and major flagship renovations executed.
MX:CFRIN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed