The brand known for cashmere clothing last month raised its sales guidance for the third time in a year to indicate growth of around 28% for 2022.
On Monday it stuck to a projection of a 12% increase in sales this year and of about 10% in 2024.
Cucinelli's sales reached 919.5 million euros ($988.1 million) last year, compared with an average 915 million euro analyst forecast based on a SmartEstimates consensus provided by Refinitiv.
Cucinelli said revenues in the Americas jumped by 40.5% in 2022 while they grew by 28.1% in Asia with "double digit growth" in China. Sales in Europe grew by more than 20%.
($1 = 0.9306 euros)
(Reporting by Claudia Cristoferi, editing by Valentina Za)
