LVMH Might Not See Much Improvement -- Market Talk
Dow Jones2025-04-01
0941 GMT - LVMH doesn't seem to be immune to the deteriorating market environment, Barclays analysts say in a note. The French luxury-goods group should report 1Q sales of 21.2 billion euros, with flat growth at constant currency. The U.S. market--which experienced an acceleration in 4Q 2024--has probably deteriorated for LVMH due to the weaker macroeconomic environment, they say. As for China, which is grappling with an economic malaise, much change isn't expected, probably just a small improvement in sentiment, the analysts say. Shares are up 1% at 577.50 euros. (andrea.figueras@wsj.com)
(END) Dow Jones Newswires
April 01, 2025 05:41 ET (09:41 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments