1614 GMT - Hermes's fourth-quarter results are another demonstration of the company's ability to deliver strong and consistent growth ahead of peers, analysts at Bernstein say in a note. The French luxury group booked a 9.8% revenue increase for the last three months of the year compared with the same period a year earlier at constant exchange rates, while other rivals struggle with sluggish sales growth amid weaker demand for luxuries. Growth in the near term seems secured by strong demand and price increases between 5% and 6%, they say. The potential rebound of the luxury sector in 2026 will reinforce Hermes as the first pick, alongside LVMH, for investors returning to the sector, the brokerage says. Bernstein reiterates its outperform rating on the stock. Shares are down 2.8%. (andrea.figueras@wsj.com)
(END) Dow Jones Newswires
February 16, 2026 11:14 ET (16:14 GMT)
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