LVMH Stock Drops as Results Raise Questions on Luxury Turnaround
Luxury giant LVMH eked a small gain in 2024 sales, underwhelming investors following buoyant results from rivals that signalled a turnaround for the sector ...
Yahoo Finance6d
LVMH Stock Drops as Results Raise Questions on Luxury Turnaround
Luxury giant LVMH eked a small gain in 2024 sales, underwhelming investors following buoyant results from rivals that signaled a turnaround for the sector. Sales last year marked a 1% organic gain ...
NBC 10 Philadelphia6d
Shares of LVMH drop 5% as full-year results throw doubt on broad luxury recovery
Shares of luxury goods giant LVMH dropped on Wednesday as investors reacted cautiously to the group's slightly better-than-expected full-year results. The owner of Louis Vuitton, Moët & Chandon ...
Euronews6d
LVMH earnings highlight uneven recovery in the luxury goods sector
The French luxury goods conglomerate's American Depositary Receipts (ADRs) slumped 8.5% in the US following the results. However, LVMH's shares have risen by 18% this year in European markets ...
Forbes5d
LVMH’s CEO Bernard Arnault Does Not Deny DFS Sale As Stock Slides
But the French luxury conglomerate saw its stock slide by more than 6% since Tuesday evening’s reveal of its 2024 annual results. On Tuesday evening, billionaire LVMH chairman and CEO Bernard ...