Lanvin Group (NYSE:LANV – Get Free Report) posted its earnings results on Wednesday. The company reported ($0.29) earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of $57.52 million during the quarter.
Lanvin Group Stock Up 1.9%
Lanvin Group stock opened at $1.11 on Wednesday. The company has a fifty day simple moving average of $1.29 and a 200-day simple moving average of $1.49. Lanvin Group has a 12-month low of $1.00 and a 12-month high of $2.40.
Analysts Set New Price Targets
Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Lanvin Group in a research note on Thursday, August 13th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.
Lanvin Group Company Profile
Lanvin Group (NYSE:LANV) is a global luxury fashion company centered on the heritage French brand Lanvin. The group designs, manufactures and distributes a broad range of upscale apparel, leather goods, footwear, accessories and fragrances. Its product portfolio spans womenswear, menswear and unisex items, complemented by seasonal collections and signature handbag lines.
Founded in 1889 by Jeanne Lanvin in Paris, Lanvin holds the distinction of being one of the oldest continually operating French couture houses.
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