Shares of LVMH drop 5% as full-year results throw doubt on broad luxury recovery
LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt over a broader sector recovery.
LVMH shares set for biggest drop in over a year on fading recovery hopes
Shares in LVMH were on track for their largest drop in 14 months on Wednesday after the luxury goods group's latest sales figures disappointed investors hoping for stronger signs of a rebound at the sector bellwether.
LVMH’s Subdued Sales Temper Hopes for a Rapid Luxury Rebound
LVMH’s sales of fashion and leather goods declined in the fourth quarter, casting doubt on the prospects for a quick recovery in luxury demand.
LVMH reports muted sales amid hope that the luxury downturn might finally be ending
I’m not going to report record revenue, but it was nonetheless a robust year," CEO Bernard Arnault said during the earnings call.
LVMH drags down luxury shares as budding hopes fade
Shares in luxury conglomerate LVMH were down in early trade on Wednesday, after the company's end-of-year report disappointed investors hoping for stronger signs of rebound from the sector bellwether.
LVMH sales growth raises hope for end to luxury downturn
LVMH defied expectations and increased sales in its most recent quarter thanks to a buoyant US economy and resilience in Europe, raising optimism that the worst of the downturn in the luxury goods market has passed.
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Heard on the Street: LVMH Stock Price Drops on Luxury Reality Check
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LVMH sales stabilise after tough 2024
The conglomerate’s all-important fashion and leather goods division reported that sales declined by 1 per cent in the fourth ...
LVMH touts good start to 2025 but Q4 results underwhelm
LVMH has made a good start to 2025, CEO Bernard Arnault said on Tuesday, after the luxury conglomerate posted a slight rise in fourth-quarter sales, though analysts cautioned it may still fall short ...
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Luxury stocks rally after Richemont sales boom – is there hope for the sector?
Cartier owner Richemont’s robust results have boosted sentiment about luxury stocks – but are investors getting carried away?
LVMH Revenues Flat in Q4 as Fashion Division Slows Decline
LVMH Moët Hennessy Louis Vuitton said it was confident heading into 2025 after revenues were broadly flat in the fourth ...