Luxury goods purveyor LVMH Moët Hennessy-Louis Vuitton's (OTC: LVMUY) stock wasn't feeling like much of a luxury for investors on Tuesday. Following the company's publication of its latest set of quarterly and annual results,
The core fashion and leather goods business—which houses Louis Vuitton and Dior—recorded revenue of €11.14 billion for the quarter, surpassing analysts’ forecasts of €10.915 billion.
LVMH Moët Hennessy - Louis Vuitton, Societe Europeenne ( OTCPK:LVMHF) Q4 2024 Earnings Conference Call January 28, 2025 12:00 PM ET Bernard Arnault - Chairman and CEO Jean-Jacques Guiony - CFO Stephane Bianchi - Group MD
LVMH Moët Hennessy Louis Vuitton said it was confident heading into 2025 after revenues were broadly flat in the fourth quarter, with its key fashion and leather goods division curtailing its declines.
Shares of luxury conglomerate LVMH Moet Hennessy Louis Vuitton rose after it posted fourth-quarter sales ahead of the average Wall Street target, despite a broad slowdown in demand for premium consumer goods. Shares of LVMH fell after executives forecast a slow grind to recover its momentum in the Chinese market.
Moet Hennessy Louis Vuitton recorded revenue of EUR 84.7B in 2024. “Growth continued, 1% on an organic basis, despite a
The conglomerate’s all-important fashion and leather goods division reported that sales declined by 1 per cent in the fourth quarter.
LVMH CEO Bernard Arnault is contemplating expanding production in the U.S., citing the nation's optimistic economic environment as a stark contrast to France's tax challenges. Presently with limited production in the U.
LVMH Moet Hennessy Louis Vuitton Tuesday reported that its 2024 net profit was 12.550 billion euros, down 17% from 15.174 billion
The Tambour is a staple piece in the Louis Vuitton collection, but you've never seen one quite like this. A new movement designed entirely within Le Fabrique du Temps and inspired by the flip boards of old airports uses revolving discs to signify the hour.
Jefferies analyst James Grzinic increased the price target on LVMH Moet Hennessy Louis Vuitton SE (MC:FP) (OTC: OTC:LVMUY) shares to €670 from the previous €560, while keeping a Hold rating on the stock.