ZGN

Ermenegildo Zegna flat in premarket trade after H1 revenue tops estimates

Published: Jul 23, 2026   |  Read Original Article ↗

Article Summary

HOLD
  • Ermenegildo Zegna NV (NYSE: ERZ) shares were flat in premarket trading after Ermenegildo Zegna NV posted stronger-than-expected H1 2026 revenue growth despite a 44.1% year-on-year collapse in Thom Browne wholesale revenue.
  • All three brands posted double-digit organic growth, driven by ZEGNA, Thom Browne, and TOM FORD fashion, but wholesale revenue fell sharply across both brands.
  • The company maintained its retail-first strategy and continued rationalization of distribution in Hong Kong, which contributed to weaker wholesale performance.
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Growth Stock Metric Rating
ZGN Rating
34.5
SELL

Growth Stock Scoring Breakdown

METRIC VALUE WEIGHT ANALYSIS
Sales Growth TTM ? 2.9% 25% 20.0 ptsMinimal (2.9%) - Very weak
EPS Growth Next 5Y ? 18.5% 25% 50.0 ptsMeets Minimum (18.5%) - Passes screener
Target Price Upside ? 3.9% 20% 10.0 ptsNear/At Target (3.9%) - Target: $13.55 vs Current: $14.10
Gross Margin % ? 55.6% 15% 80.0 ptsVery Healthy (55.6%) - High-quality margins
Drawdown from 52-Wk High ? -8.7% 15% 20.0 ptsBarely a Dip (-8.7%) - Near recent highs
Disclaimer: This rating is for informational purposes only and is not financial advice. All data sourced from Finviz. Always conduct your own research and consult with a financial advisor before making investment decisions. Past performance does not guarantee future results.

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About ZGN

Consumer Cyclical Apparel Manufacturing 7,243 employees Milan, Italy
  • Ermenegildo Zegna N.V., together with its subsidiaries, designs, produces, markets, and distributes luxury menswear and womenwear, children's clothing, footwear, leather goods, and other accessories worldwide.
  • It offers luxury leisurewear, such as knitwear, jeans, jersey and shirts, fabric and leather outerwear, and accessories; formalwear, including formal suits to tuxedos, shirts, blazers, formal coats, and accessories; and leather accessories comprising sneakers and other shoes, bags, belts and small leather accessories.
  • The company is also manufacturing and distributing eyewear, cufflinks and jewelry, beachwear, underwear, and fragrances.
  • In addition, it offers fine jewelry, childrenswear, textile, and home design products.
  • The company sells its products under the ZEGNA, Thom Browne, and TOM FORD FASHION brands.
  • It serves its products through retail stores and online channels.
  • The company was founded in 1910 and is based in Milan, Italy.
  • Ermenegildo Zegna N.V. operates as a subsidiary of Monterubello Societa' Semplice.
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