Zegna Q3 2026 Revenues Up 8.9% to €433.8M; DTC +13%
ZGN sits 49% above its 52-week low of $8.65.
Summary
Zegna reported Q3 2026 revenues of €433.8 million, up 8.9% year-on-year, with DTC up 13.0% and the ZEGNA brand up 13.8%, while Thom Browne fell 5.9%. Nine-month revenues reached €1,421.1 million, up 7.2%.
Key Events · Earnings and Guidance · ZGN
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Q3 Revenues Rise 8.9% to €433.8M
Q3 2026 Group revenues reached €433.8 million, up 8.9% year-on-year and 8.2% organic, with nine-month revenues at €1,421.1 million, up 7.2%.
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DTC Drives Growth, ZEGNA Leads
DTC revenues were €335.3 million in Q3, up 13.0% year-on-year and 11.4% organic; ZEGNA DTC rose 18.2% while ZEGNA brand revenues grew 13.8% to €283.8 million.
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Thom Browne Continues to Contract
Thom Browne Q3 revenues fell 5.9% to €45.4 million (-7.4% organic), reflecting a weaker Greater China consumer environment and wholesale streamlining.
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All Regions Grew; Americas +14.0%
Americas Q3 revenues rose 14.0% year-on-year and Greater China Region 8.7% (+5.7% organic), with EMEA up 6.9% and Rest of APAC up 3.6%.
Analysis · ZGN · Manufacturing
The core ZEGNA brand is carrying the group while Thom Browne contracts. Q3 revenue growth of 8.9% to €433.8 million, with DTC up 13.0%, shows that momentum: ZEGNA brand revenues rose 13.8% to €283.8 million and ZEGNA DTC grew 18.2%, offsetting Thom Browne's 5.9% decline to €45.4 million. All regions grew, led by the Americas at +14.0% and Greater China at +8.7%. The results follow H1 2026 profit of €28.4 million reported September 3, which fell 41% on a non-cash put option remeasurement even as Adjusted EBIT rose. Revenue momentum is intact, but the brand mix is uneven and management's outlook is only 'cautious confidence' entering the final months of the year.
How filings like this one have moved
In the 30 days to Oct 22, 2026, 29.4% of the 1560 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.47%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ZGN was trading at $12.92 on NYSE in the Manufacturing sector, with a market capitalization of approximately $5.5B. The 52-week trading range was $8.65 to $15.95. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.