By Mauro Orru
LVMH Moet Hennessy Louis Vuitton wrapped up last year's final quarter with sluggish sales growth, a sign that shoppers weren't splurging on its collections of high-end garments in the runup to the holiday season.
The French luxury-goods giant posted fourth-quarter sales of 22.72 billion euros ($27 billion), up 1% organically. Analysts had forecast 22.59 billion euros in sales and an organic decline of 0.3%, according to Visible Alpha.
LVMH's fashion and leather goods division, which houses brands like Louis Vuitton and Dior, contributed 10.16 billion euros in sales, down 3% organically. Sales at perfumes and cosmetics declined 1%, while the wines and spirits division reported a 9% contraction in sales. Selective retailing, the unit behind Sephora, fared better, with a 7% increase in sales, while watches and jewelry logged 8% growth.
LVMH closed 2025 with 80.81 billion euros in annual sales, down 1% organically. Analysts had forecast 80.65 billion euros in 2025 sales with a 1.8% organic decline, according to Visible Alpha.
Net profit slid 13% on year to 10.88 billion euros, while profit from recurring operations fell 9% to nearly 17.76 billion euros. Analysts had forecast net profit of 10.55 billion euros and profit from recurring operations of 17.15 billion euros, according to Visible Alpha.
The group said it would propose a dividend of 13 euros a share at its shareholders' meeting on April 23, the same as the previous year.
Write to Mauro Orru at mauro.orru@wsj.com
(END) Dow Jones Newswires
January 27, 2026 12:11 ET (17:11 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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