Zegna revenue forecast at 429.15 million euros ahead of third-quarter report
Key Facts
Analysts expect Ermenegildo Zegna Group's revenue for the third quarter of 2026 to reach about 429.15 million euros, according to a report published by Investing.com on the eve of the scheduled release. In an announcement dated October 8, the group set October 22, 2026, for the publication of unaudited revenue for the period. The analysts' estimate covers revenue for the quarter ended in September, according to the report carrying the forecasts ahead of the release. The release follows growth in the group's business during the first half and an acceleration in annual revenue growth in the second quarter compared with the first. The group's portfolio includes ZEGNA, Thom Browne and TOM FORD FASHION, according to its official investor relations website.
In the second quarter of 2026, group revenue reached 517.1 million euros, according to the revenue statement filed with the U.S. Securities and Exchange Commission. Reported revenue rose 10.3% from the same quarter a year earlier, while organic growth was 11.0%. That followed revenue of 470.2 million euros in the first quarter of the year, according to the group's disclosure for that period. Reported annual growth in the first quarter was 2.5%. Organic growth for that quarter was 7.4%, according to the same statement. Growth thus accelerated between the quarters on both a reported and organic basis, while second-quarter revenue exceeded its level at the start of the year.
For the first half of 2026, the group posted revenue of 987.3 million euros, according to its results statement filed with the U.S. regulator. That represented reported growth of 6.4% compared with the first half of the previous year. On an organic basis, group revenue rose 9.3% year on year over the same period. The group's first-half profit was 28.4 million euros, according to the results statement. Adjusted earnings before interest and taxes rose to 74.5 million euros. The group compared that figure with adjusted earnings before interest and taxes of 68.7 million euros in the first half of 2025. The increase in this profitability measure coincided with higher group revenue over the period, according to its reported results.
By brand, ZEGNA revenue rose to 324.3 million euros in the second quarter of 2026, according to the group's revenue statement. The company compared that figure with brand revenue of 277.5 million euros in the second quarter of 2025. The brand's reported annual growth was 16.9%, while organic growth was 16.5% over the same period. Regionally, the group said in its second-quarter statement that "the Middle East's performance was positive in the second quarter." In the first-half results statement published in September, Executive Chairman Gildo Zegna warned of continued uncertainty in the economic and geopolitical environment. He said "the macroeconomic and geopolitical environment remains uncertain."
For the full year, broker consensus published on the group's investor relations website forecasts revenue growth of 6.8% in 2026. The consensus also projects revenue growth of 8.5% in 2027. These estimates were last revised on October 12, 2026, ahead of the third-quarter revenue release, and reflect the forecasts of brokers participating in the consensus. According to the group's announcement issued on October 8, unaudited third-quarter revenue was scheduled for release on October 22, 2026, at 6:30 a.m. U.S. Eastern Time. A conference call will follow the release on the same day at 8:00 a.m. in the same time zone, according to the disclosure filed with the U.S. regulator. The company said the call would be accompanied by a live webcast. It also announced that the statement and presentation accompanying the release would be available in the financial documents section of its investor relations website.