This evening at 18:00 $MC (+3,19 %) presents its quarterly figures for Q1-2026 and the starting position could hardly be more exciting.
- Turnover (expected): EUR 19.44 bn
- EPS (expected): not consistently reported
The market is currently rather pessimistic, particularly in the Fashion & Leather Goods segment. Weaker demand impetus, particularly from China, and generally subdued momentum in the luxury segment have recently depressed sentiment. At the same time, this very pessimism has already led to a noticeable valuation discount. Accordingly, the bar is currently not extremely high and this could be the decisive factor.
Should $MC (+3,19 %) even slightly exceed expectations or at least signal more stable trends in the important Fashion & Leather Goods segment, this could, in my opinion, lead to a more significant upward price movement due to the depressed expectations.
If demand (particularly in China) remains weak or the core business disappoints again, the negative sentiment could become more entrenched. Currency effects and a possible slowdown in global consumption also remain potential negative factors in my view.
All in all, I think a lot of negative factors have already been priced in.
How do you see it? Is a $MC (+3,19 %) is a "solid" quarter enough for a significant price movement this time or is the next disappointment in the luxury segment imminent?
~ No investment advice ~
