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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/18/2025 | $10.00 | Hold | TD Cowen |
| 1/16/2025 | Neutral → Buy | BofA Securities | |
| 11/22/2024 | $7.20 | Underweight | Morgan Stanley |
| 9/23/2024 | $13.00 → $9.80 | Buy → Neutral | BofA Securities |
| 1/11/2024 | Neutral → Buy | Goldman | |
| 10/12/2023 | $11.60 | Underperform | Exane BNP Paribas |
| 9/25/2023 | $16.00 → $16.50 | Neutral → Buy | BofA Securities |
| 9/20/2022 | $13.00 | Buy | BofA Securities |
Group's Q1 2025 revenues came in at €458.8 million, -1% Year-on-Year (YoY) and organic, with ZEGNA and TOM FORD FASHION up 4% YoY Direct-to-Consumer (DTC) channel continued to be a key growth driver, delivering a +5% YoY: ZEGNA +5% YoY Thom Browne +4% YoY TOM FORD FASHION +10% YoY Wholesale performance, at -20% YoY, reflected the strategic decision, at Thom Browne, to streamline the channel and, across all brands, to convert some stores into DTC The Americas saw 9% YoY growth in revenues for the quarter Ermenegildo Zegna N.V. (NYSE:ZGN) (the "Company" and, together with its consolidated subsidiaries, the "Ermenegildo Zegna Group" or the "Group") today announced unaudited re
Revenues reached €1,946.6 million, up 2.2% YoY from €1,904.5 million in FY 2023, +3.4% at constant currency, -1.9% organic1 Profit of €90.9 million, compared to €135.7 million in FY 2023. Profit performance in FY 2024 also reflects a normalized 30% effective tax rate compared to 20% in FY 2023 Gross profit margin rose to 66.6% Adjusted EBIT1 of €184.0 million Proposed dividend per ordinary share of €0.12 Strategic investments in talent acquisition, store network and marketing continued throughout the year, laying the foundations for sustainable growth at ZEGNA, Thom Browne and TOM FORD FASHION Mid-term targets updated Ermenegildo Zegna N.V. (NYSE:ZGN) (the "Company" and, toge
FY 2024 revenues grew 2.2% YoY to €1,947 million. Q4 2024 revenues rose to €589 million (+3.3% YoY): ZEGNA brand revenues recorded +8.4% YoY growth Direct-to-Consumer (DTC) channel drove the Group's performance, +9.3% YoY for the Group and +10.5% YoY for ZEGNA brand Americas (+14.6% YoY) outperformed other geographies driven by ZEGNA brand Ermenegildo Zegna N.V. (NYSE:ZGN) (the "Company" and, together with its consolidated subsidiaries, the "Ermenegildo Zegna Group" or the "Group") today announced unaudited revenues of €1,946.6 million for fiscal year 2024, +2.2% YoY from €1,904.5 million in fiscal year 2023 (+3.4% at constant currency and -1.9% organic). Revenues in the f
6-K - Ermenegildo Zegna N.V. (0001877787) (Filer)
6-K - Ermenegildo Zegna N.V. (0001877787) (Filer)
6-K - Ermenegildo Zegna N.V. (0001877787) (Filer)
TD Cowen initiated coverage of Zegna Group with a rating of Hold and set a new price target of $10.00
BofA Securities upgraded Zegna Group from Neutral to Buy
Morgan Stanley initiated coverage of Zegna Group with a rating of Underweight and set a new price target of $7.20
SC 13G/A - Ermenegildo Zegna N.V. (0001877787) (Subject)
SC 13G - Ermenegildo Zegna N.V. (0001877787) (Subject)
SC 13G/A - Ermenegildo Zegna N.V. (0001877787) (Subject)
9M 2024 revenues grew 2% Year-on-Year (YoY), +3% at constant currency and -4% organic2. Q3 2024 revenues were €397 million, -8% YoY, -6% constant currency and -7% organic: ZEGNA brand recorded a positive performance of +1% YoY and +3% organic. Positive DTC performance (+1% YoY and organic) was mainly driven by ZEGNA DTC supported by double-digit growth in the Americas and EMEA. The Americas, EMEA, and Japan outperformed the other regions. Ermenegildo Zegna N.V. (NYSE:ZGN) (the "Company" and, together with its consolidated subsidiaries, the "Ermenegildo Zegna Group" or the "Group") today announced unaudited revenues of €1,357.4 million for the first nine months of 2024, +1.7% Yo
TOM FORD announces the appointment of Haider Ackermann as Creative Director, effective immediately. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240904332237/en/Haider Ackermann appointed Creative Director, TOM FORD. (Photo Credit: Ethan James Green) In his new role, Ackermann will assume the creative leadership across all TOM FORD fashion categories, including menswear, womenswear, accessories, and eyewear, and guide the creative vision for the overall brand. TOM FORD is owned by The Estée Lauder Companies Inc. (NYSE:EL) with the fashion business licensed to the Ermenegildo Zegna Group (NYSE:ZGN) and the eyewear business lice
First half 2023 Revenues1 reach €903 million, up 23.9% year-over-year. Organic growth2 was 21.5% in the first half of 2023, with double-digit organic growth for both the Zegna and Thom Browne segments. Acceleration in the second quarter with year-over-year growth of 35.1% and organic growth of 24.5%, led by solid double-digit organic performance in all major geographies and notable strength in the US. Direct-to-consumer year-over-year growth (36.3% for the first half and 48.1% for the second quarter of 2023) continues to be dynamic across all regions for Zegna and Thom Browne, with both posting organic growth of around 30% for the first half of 2023 and of 36.2% and 33.7% in th
Revenues reached €1,946.6 million, up 2.2% YoY from €1,904.5 million in FY 2023, +3.4% at constant currency, -1.9% organic1 Profit of €90.9 million, compared to €135.7 million in FY 2023. Profit performance in FY 2024 also reflects a normalized 30% effective tax rate compared to 20% in FY 2023 Gross profit margin rose to 66.6% Adjusted EBIT1 of €184.0 million Proposed dividend per ordinary share of €0.12 Strategic investments in talent acquisition, store network and marketing continued throughout the year, laying the foundations for sustainable growth at ZEGNA, Thom Browne and TOM FORD FASHION Mid-term targets updated Ermenegildo Zegna N.V. (NYSE:ZGN) (the "Company" and, toge
Revenues of €960.1 million, up 6% from H1 2023 (+8% at constant currency and -2.7% organic1) Profit of €31.3 million (3.3% profit margin) compared to €52.1 million in H1 2023 (5.8% profit margin) Gross profit margin of 66.4% up 220bps from 64.2% in H1 2023 Adjusted EBIT1 of €80.9 million with an Adjusted EBIT Margin of 8.4% (13.3% in H1 2023) Important investments to further strengthen Group's brands concentrated in H1 2024 Ermenegildo Zegna N.V. (NYSE:ZGN) (the "Company" and, together with its consolidated subsidiaries, the "Ermenegildo Zegna Group" or "the Group") today announced profit of €31.3 million in H1 2024 compared to €52.1 million in H1 2023. In H1 2024, Adjusted EBIT
Ermenegildo Zegna N.V. (NYSE:ZGN) (the "Company" and, together with its consolidated subsidiaries, the "Ermenegildo Zegna Group" or the "Group") today announced that all resolutions submitted to the annual general meeting held earlier today were adopted, including the proposal to approve a dividend distribution of EUR 0.12 per ordinary share, corresponding to a total dividend distribution on the outstanding ordinary shares of approximately EUR 30 million. The distribution will be paid in US dollars based on the foreign exchange reference rate of June 26, 2024 set by the European Central Bank. The distribution calendar for the ordinary shares listed on the New York Stock Exchange will be