
Gucci's parent company reported a smaller-than-expected decline in sales for the third quarter, with revenue exceeding expectations
Kering Group's same-store sales fell by 5% in the third quarter, while analysts expected a decline of 8.65%.
In the third quarter, Gucci's same-store sales decreased by 14%, with analysts predicting a drop of 15.1%.
Third-quarter revenue was €3.42 billion, while analysts expected €3.31 billion.
In the third quarter, Gucci's revenue was €1.34 billion, with analysts expecting €1.33 billion
