• Moncler held its nine-month 2026 results conference call on October 21 with management representatives Luciano Santel and Elena Mariani.
• Third-quarter revenue was flat at EUR 606 million; the flagship brand’s direct-to-consumer sales fell 2% at constant currencies.
• Traffic remained soft entering the fourth quarter, despite strong Golden Week trading in China; warmer weather continued to weigh on demand.
• Santel described a 29% operating margin as an ambition, not guidance, achievable if revenue meets consensus.
• Stone Island wholesale sales face a double-digit fourth-quarter decline as delivery timing reverses, leaving full-year wholesale revenue flat.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Moncler S.p.A. published the original content used to generate this news brief on October 23, 2026, and is solely responsible for the information contained therein.