Richemont 5 Months Sales Rise 4% at Constant FX

The video discusses the sales performance of luxury goods companies, highlighting a 4% growth over five months, which fell short of the 6% analyst estimate. The Americas showed strong growth, while Asia Pacific lagged. Currency fluctuations, particularly the Swiss franc, impacted sales. Analysts predict an improvement in the second half of the year.

What was the actual sales growth percentage compared to the analysts' estimate?

• 3% actual, 5% estimated

• 4% actual, 6% estimated

• 5% actual, 7% estimated

• 6% actual, 4% estimated

Which region showed no growth in the luxury goods sales?

• Americas

• Middle East

• Europe

• Asia Pacific

What strategy is the company using to boost sales in the US?

• Partnering with local brands

• Increasing advertising

• Expanding boutiques and online sales

• Reducing prices

Which brand is mentioned as part of the company's portfolio?

• Rolex

• Vasher Constantine

• Tiffany & Co.

• Cartier

What is the expected trend for currency impact in the second half of the year?

• Complete recovery

• Easing impact

• No change

• Worsening impact