Gucci's 1st-quarter profit comes in short of estimates

Article Abstract:

Gucci Group NV posted lower-than-expected net profits for the 2001 first-quarter. The company posted $55.86 million in net profits for the period, from $46.63 million during the same 2000 period.

Luxuries

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Hermes beats expectations with 38% increase in profit

Article Abstract:

Hermes, the French-based luxury goods house, posted an increase of 38% in its profits for the 2001 first-half. The house posted 90.5 million euros in net profits for the period.

France, Profit, Profits, Hermes International S.A.

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Gucci's profit drops, hurt by war, SARS

Article Abstract:

Gucci Group N.V. posted a 97% fall in in net profits for the quarter ending April 2003. The company was hurt by the outbreak of the SARS disease and by the war in Iraq.

Author: Galloni, Alessandra
Company sales and earnings, Company earnings/profit, Textile and clothing industry software

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Subjects list: Netherlands, Finance, Clothing industry, Gucci Group N.V.
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