LVMH Should Post Flattish Sales Amid Challenges in China, U.S. -- Market Talk

Dow Jones2025-04-01

0849 GMT - LVMH faces a rocky road to recovery mainly due to weakness in key markets, Stifel analyst Rogerio Fujimori says in a note. The analyst expects flat organic sales for the group in the first quarter, with flattish sales for its core fashion and leather business as well as the watches and jewelry division. The company faces tough comparatives in China and worsening trends in the U.S., he says. Despite current challenges, the French luxury-goods conglomerate has a diversified portfolio and is well-placed to rebound in the next cyclical upswing when it arrives, Fujimori says. Shares are up 0.9% at 577.20 euros. (andrea.figueras@wsj.com)

 

(END) Dow Jones Newswires

April 01, 2025 04:50 ET (08:50 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

We need your insight to fill this gap
Leave a comment