LVMH Could Face Deteriorating Trends in U.S. -- Market Talk

Dow Jones2025-04-08

1208 GMT - LVMH could face deteriorating trends in the U.S., Barclays analysts write in a note. The analysts expect the French luxury conglomerate to report first-quarter sales of 21.2 billion euros, flat on year. The U.S. market, where demand accelerated in the final quarter of 2024, has probably worsened due to the weaker sentiment resulting from stock market declines and the prospect of a trade war, they say. LVMH seems to be among the least-impacted names by President Trump's tariffs in the luxury space, partly due to the fact that it has part of its manufacturing located in the U.S. However, the indirect impact of duties on U.S. consumer sentiment could depress luxury spending there, the analysts add. Shares are up 1.6% at 515.80 euros. (andrea.figueras@wsj.com)

 

(END) Dow Jones Newswires

April 08, 2025 08:08 ET (12:08 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