Christian Dior (CDI) Q3 2025 earnings summary

Executive summary

• Revenue reached €58.1 billion for the first nine months of 2025, showing resilience amid geopolitical and economic disruptions.

• Europe and the US remained stable year-over-year, while Japan declined due to reduced tourist spending; the rest of Asia improved.

• Third quarter organic growth was 1%, with improvements across all business groups except Europe, which was impacted by currency fluctuations and lower tourist spending.

Financial highlights

• First nine months revenue declined 4% reported and 2% organic compared to 2024; Q3 organic growth was 1%.

• Wines & Spirits: -7% reported, -4% organic for nine months; Q3 organic growth 1%.

• Fashion & Leather Goods: -8% reported, -6% organic for nine months; Q3 organic decline 2%.

• Perfumes & Cosmetics: -2% reported, flat organic for nine months; Q3 organic growth 2%.

• Watches & Jewelry: -2% reported, +1% organic for nine months; Q3 organic growth 2%.

• Selective Retailing: flat reported, +3% organic for nine months; Q3 organic growth 7%.

Outlook and guidance

• Maintains confidence and strategy focused on brand desirability, product quality, retail excellence, and agility.

• Plans to reinforce global leadership in luxury goods in 2025.