Christian Dior (CDI) Q1 2026 earnings summary

Executive summary

• Achieved €19.1 billion in Q1 2026 revenue, showing resilience amid Middle East conflict and global disruptions.

• Strong growth in Asia (excluding Japan) and solid performance in the US; Europe and Japan benefited from local demand despite lower tourist spending.

• Middle East conflict negatively impacted organic growth by about 1% for the quarter.

Financial highlights

• Total Q1 2026 revenue: €19.1 billion, down 6% reported, up 1% organic year-over-year.

• Exchange rate fluctuations had a -7% impact; no scope changes.

Outlook and guidance

• Maintains focus on innovation, investment, and selective distribution to strengthen global leadership in high-quality products.

• Remains vigilant but confident for the rest of 2026, leveraging brand development and geographic revenue balance.