Moncler SpA
MONC: XMIL (ITA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Rt | LOCK|%R?C | LOCK|V??R#sM< |
Moncler Earnings: Solid Profitability Development as Q2 Sales Trends Soften
Moncler delivered 9% constant-currency sales growth in the first half, with second-quarter growth of 3% for the Moncler brand and 11% for Stone Island. Profitability developed positively on the back of solid gross margin and operating leverage, leading to a 70-basis-point increase in EBIT margin.
