LVMH shares plummet 7% as fourth-quarter results lag competitors

Core Viewpoint - LVMH reported mixed full-year earnings, leading to a significant drop in its share price by over 7% in morning trading [1][2] Financial Performance - Organic revenue growth was 1% in Q4, unchanged from the same period last year [1] - Full-year revenue declined by 1% [1] Market Reaction - Shares of LVMH were last seen down 7.7% [2] - Analysts noted that investors had anticipated stronger results, especially in light of positive performances from competitors like Richemont, Burberry, and Cucinelli [2]