Demand for high-end brands is improving but not as quickly as hoped. European luxury shares fell Wednesday in reaction to a ...
KEY TAKEAWAYS Luxury giant LVMH eked a small gain in 2024 sales, underwhelming investors following buoyant results from ...
French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual ...
As of 1:07 p.m. ET, LVMH stock was up 9.8%, compared to Richemont's 15.4%. Richemont reported a 10% increase in third-quarter sales to 6.2 billion euros ($6.4 billion), and it saw double-digit ...
In 2024, amid an uncertain environment, LVMH showed strong resilience. This capacity to weather the storm in highly turbulent times -- already illustrated on many occasions throughout our group's ...
The price target increase to €840 is based on a 28x multiple of TD Cowen's newly revised fiscal year 2026 earnings per share (EPS) estimates. The research firm's continued endorsement of a Buy rating ...
His rise in fortunes included a single-day gain of $15 billion, thanks to a surge in LVMH's stock price. LVMH stock climbed 9 percent last Thursday to its highest level since September.
Investing.com -- Morgan Stanley (NYSE:MS) lifted its rating on LVMH (EPA:LVMH) stock to Overweight from Equal Weight, citing “materially improved” prospects for the luxury fashion giant and ...
The report bodes well for LVMH's upcoming results. As of 1:07 p.m. ET, LVMH stock was up 9.8%, compared to Richemont's 15.4%. Richemont reported a 10% increase in third-quarter sales to 6.2 ...