Kering SA
KER: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|M$ | LOCK|?Q$% | LOCK|<$m@ygP |
Kering's Gucci Shows Early Signs of Improvement
Business Strategy and Outlook
Kering’s portfolio of luxury brands provides the company with a narrow economic moat and a good platform for future growth. The flagship Gucci brand accounts for over 40% of revenue and over 60% of the company's earnings, but brands like Saint Laurent, Bottega Veneta, and Balenciaga are also set to support growth in the future.
