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LVMUY
168.17
-1.18%
-2.01
Stocks to Watch Wednesday: United Airlines, ASML, Alcoa, Trump Media
Shares of United Airlines were the best performers in the S&P 500. Adidas shares closed at their highest level since February 2022. Travelers stock was the worst performer among the Dow industrials. LVMH shares closed 2.8% higher in Paris. ASML Holding's orders missed expectations and shares fell more than 7%.
The Wall Street Journal · 1d ago
LVMH: Luxury Market Enters Slowdown (Rating Downgrade)
Big luxury company LVMH has seen a sharp revenue slowdown in Q1 2024. Contraction in the Asia market is particularly concerning as it suggests China's recovery has fizzled out. Wine & Spirits is the only segment to see an organic decline. The company's stock's P/Es look elevated, indicating a correction is due.
Seeking Alpha · 1d ago
French Fashion Giant LVMH Records 3% Organic Revenue Growth In Q1: Details
French luxury fashion house LVMH-Moet Hennessy Louis Vuitton reported a 2% decline in first-quarter FY24 revenue to €20.7 billion. Organic revenue growth was 3%. Growth in North America, Europe and the Middle East remained strong. Japan recorded double-digit revenue growth.
Benzinga · 2d ago
Stocks to Watch Wednesday: United Airlines, ASML, Adidas
United Airlines reported a jump in first-quarter revenue. Shares of Adidas rose over 6% in Frankfurt. LVMH reported a decrease in quarterly revenue. J.B. Hunt Transport Services reported a decline in quarterly profit and revenue. Trump Media & Technology shares fell 14% in premarket.
The Wall Street Journal · 2d ago
Plan For A Secure Retirement With A $100,000 Aggressive, 15-Stock Dividend Growth Portfolio
Plan For A Secure Retirement With A $100,000 Aggressive, 15-Stock Dividend Growth Portfolio. Inadequate pension savings and ever-increasing longevity is threatening investors' well-being in retirement. Planning for retirement is a life-long process, the earlier an individual starts, the better. Investing as little as $100k in your 30s with an aggressive dividend growth strategy has the potential to grow into a significant portfolio by retirement. Instead of chasing high-yield stocks, consider a low yield, but double-digit EPS growth portfolio.
Seeking Alpha · 2d ago
LVMH Facing Gradual Recovery in Travel Retail Business DFS -- Market Talk
LVMH doesn't have confirmation on island of Hainan becoming a tax-free province by 2025. The recovery of revenue through its travel retailer DFS continues to be gradual, LVMH's CFO says. "Tourism recovery remains uneven," Jean-Jacques Guiony says.
Dow Jones · 2d ago
VGK Vs. QQQ: How Europe's 'GRANOLAS' Could Outperform The US 'Magnificent 7'
Europe's 11 stock basket called "GRANOLAS" have been called Europe's growth leaders. The "Magnificent 7" stocks in the US lead returns and headlines in Europe. The Magnificent 7 is a proxy for the Invesco QQQ and Europe's FTSE Europe ETF "VGK" In the past year, the Mag 7 has outperformed Europe's GRanOLAS.
Seeking Alpha · 2d ago
Sephora U.S. Growth Helps Offset Declines from South Korean Exit -- Market Talk
Sephora continues to gain market share in the U.S. LVMH CFO Jean-Jacques Guiony says there was no winning strategy in South Korea. The company is doing well in Singapore and China. Artemis Patrick, Sephora's North America CEO, is driven by her experience in merchandising.
Dow Jones · 2d ago
Sephora's U.S. Growth Offsets Declines in Asia Amid Exit of South Korean Market -- Market Talk
Sephora continues to gain market share in the U.S. As it embraces innovation, CFO Jean-Jacques Guiony says. LVMH closed its South Korea business and is doing well in Singapore, he says. Artemis Patrick, Sephora's North America CEO, is driven by her experience in merchandising.
Dow Jones · 2d ago
LVMH's U.S. Aspirational Consumer Under Pressure -- Market Talk
LVMH Moet Hennessy's CFO Jean-Jacques Guiony says the aspirational shopper is under pressure due to inflation. The luxury empire has been significantly raising prices across its brands. The company's ADRs rise 1.6% to $169.82.
Dow Jones · 2d ago
LVMH's Japan Momentum Helps Boost Overall 1Q Performance -- Market Talk
LVMH's U.S. Organic revenue was 2% higher 1Q, matching its growth in Europe. Japan saw organic revenue growth of 32% in 1Q. Japan helped drive LVMh's total organic revenue increase of 3% in the first quarter.
Dow Jones · 2d ago
LVMH reports Q1 results
Seeking Alpha · 3d ago
Notable earnings before Tuesday's open
Major earnings expected before the bell on Tuesday include: Bank of America, Johnson & Johnson, Morgan Stanley, UnitedHealth Group. Notable earnings before Tuesday's open include: BAC, ERIC, JNJ, UNH, MS, BK, CBSH, PNC, NTRS.
Seeking Alpha · 4d ago
LVMH Expected to Post Flattish Revenue -- Earnings Preview
LVMH Moet Hennessy Louis Vuitton is scheduled to report results for the first quarter on Tuesday. The French luxury-goods conglomerate is expected to post revenue of 21.14 billion euros. LVMH is the first big luxury group to report sales for the quarter to March. The company faces a tough comparison base.
Dow Jones · 4d ago
Weekly Report: what happened at LVMUY last week (0408-0412)?
Weekly Report · 4d ago
Validea James P. O'Shaughnessy Strategy Daily Upgrade Report - 4/13/2024
NASDAQ · 6d ago
Hit Hard By Weak Cognac Demand, Remy Cointreau Could Yet Be A Value Trap
Seeking Alpha · 04/12 09:44
ClearBridge International Growth ADR Strategy Q1 2024 Commentary
Seeking Alpha · 04/10 16:30
ClearBridge International Growth EAFE Strategy Q1 2024 Portfolio Manager Commentary
ClearBridge International Growth EAFE Strategy outperformed its benchmark in the first quarter of 2024. The strategy was led by holdings in cyclical sectors including materials, information technology and industrials. We believe international growth equities will remain in favor this year as rate cuts in Europe and Japan continue to rise.
Seeking Alpha · 04/10 05:40
Prada, Gucci, Louis Vuitton Brace For Sales Slump As China's Economic Turbulence Hits Luxury Market
Investors are bracing for a sharp fall in sales as luxury brands reveal their Q1 results. The anticipated decline is linked to weak demand from China. LVMH Moet Hennessy Louis will be the first to announce results on Apr. 16. China's subdued demand is attributed to the COVID-19 pandemic last year.
Benzinga · 04/09 08:37
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About LVMUY
LVMH Moet Hennessy Louis Vuitton SE is a France-based luxury group active in six sectors: Wines and Spirits, Fashion and Leather Goods, Perfumes and Cosmetics, Watches and Jewelry, Selective Retailing and Other Activities. Wines and Spirits owns brands, such as Moet & Chandon, Krug, Veuve Clicquot, Hennessy and Chteau d’Yquem, among others. Fashion and Leather Goods owns brands, such as Luis Vuitton, Christian Dior and Givenchy, among others. Perfumes and Cosmetics owns brands, such as Parfums Christian Dior, Parfums Givenchy Guerlain, Benefit Cosmetics, Fresh and Make Up For Ever, among others. Watches and Jewelry owns brands, including TAG Heuer, Hublo, Zenith, Bulgari, Chaumet and Fred, among others. Selective Retailing owns the brands DFS, Miami Cruiseline, Sephora and Le Bon Marche Rive Gauche, among others. Other Activities includes lifestyle, culture and the arts brands, such as Les Echos, Royal Van Lent, and Cheval Blanc. The Company is active worldwide.