LVMHT Q3 2024 revenue October 15, 2024 This document may contain certain forward looking statements which are based on estimations and forecasts. By their nature, these forward looking statements are subject to important risks and uncertainties and factors beyond our control or ability to predict, in particular those described in LVMH's Universal Registration Document which is available on the website (www.lvmh.com), These forward looking statements should not be considered as a guarantee of future performa ...

Lowered estimates, due mainly to discouraging consumer trends in China, prompted a re-evaluation of the company's value. Luxury-goods stock LVMH Moët Hennessy (LVMUY -3.61%) wasn't looking too exclusive on Hump Day. The company's share price had eroded by nearly 4% at market close, due in no small part to an analyst's rather assertive price-target cut. That tumble was significantly steeper than that of the S&P 500 index, which ended the day down 0.2%. Time for a price-target chop That analyst was Morgan Sta ...

LVMH Moët Hennessy is releasing a new whisky brand with Beyoncé. You might think that owning a fancy watch or expensive clothing is the best way to add a little luxury to your life. I'd argue that purchases like that aren't worth it, though. Fashion trends change quickly, and at the end of the day, all watches tell the same time. Instead, you might want to consider investing in luxury brands as opposed to wearing them. One of the best examples I can think of in the luxury space is LVMH Moët Hennessy (LVMUY ...

KEY TAKEAWAYS LVMH's second-quarter results, with tepid sales disappointing investors, showed that the pullback by consumers on high-end items and cooling Chinese spending is affecting even the world's largest luxury firm. The company, whose brands include Dior and Louis Vuitton, reported Q2 year-over-year organic revenue growth of just 1% to 20.98 billion euros. LVMH's weak sales dragged other luxury brands, with trench coat maker Burberry, Gucci owner Kering, and Cartier owner Richemont among those lower ...

Rodolphe Ozun - Director of Financial Communications Jean-Jacques Guiony Rodolphe Ozun Turning to Fashion & Leather Goods on Slide 10 revenue reached €20.8 billion for the first half of 2024, up 1% on an organic basis and down 2% on a reported basis after taking into account a negative 3% currency impact. Profit from operations reached €8.1 billion, down 6% year-on-year. The main drivers of this decline are continued investments in distribution, which were partially offset by communication expenses and more ...

2024 First-Half Results Selective Retailing – Organic revenue up 8%, profit from recurring operations up 7% Selective Retailing – Change in revenue and profit from recurring operations (in millions of euros) +8% organic Profit from recurring operations Balanced geographic revenue mix €41.7bn REVENUE FRANCE 8% UNITED STATES vs. 8% in H1 2023 25% vs. 24% in H1 2023 JAPAN 9% vs. 7% in H1 2023 EUROPE (excl. France) OTHER MARKETS ASIA (exch) 16% 12% 30% vs. 12% in H1 2023 vs. 15% in H1 2023 vs. 34% in H1 2023 Qu ...

A surprise election result in its home country dinged the stock of luxury goods specialist LVMH Moët Hennessy Louis Vuitton (LVMUY -3.34%) on Monday. The company saw the price of its U.S.-listed shares dip by over 3% on the day, while the bellwether S&P 500 index crept up to close 0.1% higher. Investors dislike uncertainty, and the weekend parliamentary elections in France resulted in quite a bit of it the following day. The hard-right National Rally was expected to score a crushing victory, but that didn't ...

LVMH Moët Hennessy - Louis Vuitton, Société Européenne [LVMHF] Q1 2024 Sales/Trading Statement Call April 16, 2024 12:00 PM ET Company Participants Rodolphe Ozun - Director, Financial Communications Jean-Jacques Guiony - Chief Financial Officer Conference Call Participants Chiara Battistini - J.P. Morgan Chase Erwan Rambourg - HSBC Rogerio Fujimori - Stifel Nicolaus Zuzanna Pusz - UBS Ashley Wallace - Bank of America Thomas Chauvet - Citigroup Antoine Belge - BNP Paribas Edouard Aubin - Morgan Stanley Luca ...

..... LVMH Q1 2024 revenue April 16, 2024 This document may contain certain forward looking statements which are based on estimations and forecasts. By their nature, these forward looking statements are subject to important risks and uncertainties and factors beyond our control or ability to predict, in particular those described in LVMH's Universal Registration Document which is available on the website (www.lvmh.com), These forward looking statements should not be considered as a guarantee of future perfo ...

LVMH Moet Hennessy Louis Vuitton SE (OTCPK:LVMHF) Q4 2023 Earnings Conference Call January 25, 2024 12:00 PM ET Company Participants Bernard Arnault - Chairman and CEO Jean-Jacques Guiony - CFO Conference Call Participants Antoine Belge - BNP Paribas Exane Edouard Aubin - Morgan Stanley Louise Singlehurst - Goldman Sachs Luca Solca - Sanford Bernstein Bernard Arnault Good evening. Once again, I'm delighted to be with you today to announce record results in 2023 for the LVMH Group. Indeed, you no doubt se ...