PRADA (01913) net revenue for the first three quarters was 4.541 billion euros, up 14.5% year on year.

PRADA (01913) announces its unaudited revenue for the nine months ended September 30, 2026. For the nine months ended September 30, 2026, the Prada Group generated net revenue of EUR 4.541 billion, an increase of 14.5% compared with the same period in 2025 (organic growth +3.5%). Fluctuations in foreign exchange rates had a negative impact of approximately 2.9%, resulting in reported growth of 11.6%. Despite the challenging comparative base created by the Group's strong growth of +9.3% in the nine months of 2025, net retail sales still grew by 11.0% year on year (organic growth +2.0%). Thanks to brand appeal and efficient retail execution, the third quarter remained flat on an organic basis, demonstrating good resilience against a comparative base that recorded +7.6% growth in the same period of 2025. During the period, the retail channel accounted for 86.6% of total net revenue. Driven by independent partners and duty-free, net wholesale sales grew by 35.5% during the period (organic growth +17.3%). Royalty income grew by 76.5% year on year (organic growth +16.1%), a positive trend supported by contributions from eyewear and beauty. Driven by like-for-like and full-price sales, Prada recorded a solid performance over the nine months. Net retail sales grew by 2.4% during the nine-month period, including +0.6% growth in the third quarter, with good performance in the Americas and Asia-Pacific (including China), while Europe and Japan showed broadly stable trends. Miu Miu delivered a stable performance during the nine-month period, against a comparative base of +41.4% in the same period of 2025. Third-quarter performance (-2.7%) reflects the challenging comparative base (+28.6% in the third quarter of 2025) as well as a less favorable regional mix in the current environment. Excluding the adverse impact of the Middle East conflict, its performance was broadly stable. Retail metrics remain quite solid. Versace continues to advance its strategic priorities, while committed to managing the transition and laying the groundwork for the debut of its new creative direction in 2027. The brand's integration within the Group is progressing steadily as planned. Church's net retail sales maintained good momentum, growing by 3.2% compared with the same period in 2025.