LVMH shares edge higher as sales and profits rise

47
6
Favorite

LVMH shares edge higher as sales and profits rise

Reuters2021-07-27

PARIS (Reuters) - LVMH’s shares eged higher on Tuesday after the world’s biggest luxury goods group posted higher sales and profits, driven by surging sales of fashion lines and handbags by Dior, ...

Source Link

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.

Report

Comment（6）

MT103
·2021-07-27
Cant travel for almost 2 years. Guess people need to indulge themselves somehow.
Reply
1
Report
chanch
·2021-07-27
Consumers are back in business, a good sign
Reply
2
Report
Troytan
·2021-07-27
Pend up spending
Reply
3
Report
sharenraj
·2021-07-27
Good news
Reply
2
Report
Jimmyboy
·2021-07-27
Please like and comment.
Reply
2
Report
Alvinwong
·2021-07-27
Like
Reply
7
Report
Fold Replies
- sharenraj:
  Yes
  2021-07-27
  Reply
  Report
- pkycme:
  F
  2021-07-27
  Reply
  Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1175986847?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-07-27 15:45","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1175986847","market":"uk","top_or_hot":-1,"title":"LVMH shares edge higher as sales and profits rise","media":"Reuters","content":"<div>\n<p>PARIS (Reuters) - LVMH’s shares eged higher on Tuesday after the world’s biggest luxury goods group posted higher sales and profits, driven by surging sales of fashion lines and handbags by Dior, ...</p>\n\n<a href=\"https://www.reuters.com/article/lvmh-results/lvmh-shares-edge-higher-as-sales-and-profits-rise-idUSFWN2P30JJ\">Source Link</a>\n\n</div>\n","source":"lsy1601381805984","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>LVMH shares edge higher as sales and profits rise</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLVMH shares edge higher as sales and profits rise\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 15:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/lvmh-results/lvmh-shares-edge-higher-as-sales-and-profits-rise-idUSFWN2P30JJ><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PARIS (Reuters) - LVMH’s shares eged higher on Tuesday after the world’s biggest luxury goods group posted higher sales and profits, driven by surging sales of fashion lines and handbags by Dior, ...</p>\n\n<a href=\"https://www.reuters.com/article/lvmh-results/lvmh-shares-edge-higher-as-sales-and-profits-rise-idUSFWN2P30JJ\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LB","symbol_name":"LandBridge Co. LLC","start_time":0,"source_url":"https://www.reuters.com/article/lvmh-results/lvmh-shares-edge-higher-as-sales-and-profits-rise-idUSFWN2P30JJ","article_id":"1175986847","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1175986847","pubTimestamp":1627371958,"sourceInfo":{"source_id":"lsy1601381805984","name":"Reuters"},"weMediaInfo":null,"summary":"PARIS (Reuters) - LVMH’s shares eged higher on Tuesday after the world’s biggest luxury goods group ","collect":0,"end_time":0,"defaultTopTitle":"reuters.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LB":"LandBridge Co. LLC"},"translate_title":"随着销售和利润的增长，LVMH股价上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LB":0.9},"content_text":"PARIS (Reuters) - LVMH’s shares eged higher on Tuesday after the world’s biggest luxury goods group posted higher sales and profits, driven by surging sales of fashion lines and handbags by Dior, Fendi and Louis Vuitton.\nLVMH shares were up 0.3% in early session trading.\n“We are encouraged by Louis Vuitton and Dior’s exceptional brand positioning across regions and sustained local luxury consumer demand,” wrote brokerage Cowen & Company, which kept an ‘outperform’ rating on LVMH shares.\nThe luxury goods industry is recovering from the COVID-19 crisis, which shut down global travel and temporarily closed stores, and LVMH has benefited more than most, using its heft to spend on marketing and social media campaigns when some of its smaller rivals are still struggling to get back on their feet.\nOverall sales at LVMH, which also owns champagne and cosmetics labels, rose by 84% year-on-year in the second quarter on a like-for-like basis, which strips out currency swings, and stood at 14.7 billion euros ($17.33 billion).\nOperating profit in the first six months of this year more than quadrupled compared with a year ago, beating expectations among analysts polled by Refinitiv.\n“We think much of this will be repeated in H2 in the absence of a sector momentum shift: as long as the sector performs, LVMH will perform better,” wrote brokerage Jefferies, which kept a ‘buy’ rating on LVMH shares.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":809598654,"gmtCreate":1627376711778,"gmtModify":1703488704539,"author":{"id":"3582627680210298","authorId":"3582627680210298","name":"MT103","avatar":"https://static.tigerbbs.com/0444eb80cd59e967bc90239dbe923661","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582627680210298","authorIdStr":"3582627680210298"},"htmlText":"Cant travel for almost 2 years. Guess people need to indulge themselves somehow.","listText":"Cant travel for almost 2 years. Guess people need to indulge themselves somehow.","text":"Cant travel for almost 2 years. Guess people need to indulge themselves somehow.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809598654","repostId":1175986847,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":809599985,"gmtCreate":1627376437647,"gmtModify":1703488699845,"author":{"id":"3583728210057163","authorId":"3583728210057163","name":"chanch","avatar":"https://static.tigerbbs.com/9f55a76964675aa242f7e754a1396b78","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3583728210057163","authorIdStr":"3583728210057163"},"htmlText":"Consumers are back in business, a good sign","listText":"Consumers are back in business, a good sign","text":"Consumers are back in business, a good sign","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809599985","repostId":1175986847,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":809285815,"gmtCreate":1627373125537,"gmtModify":1703488609166,"author":{"id":"3571482048865852","authorId":"3571482048865852","name":"Troytan","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3571482048865852","authorIdStr":"3571482048865852"},"htmlText":"Pend up spending&nbsp;","listText":"Pend up spending&nbsp;","text":"Pend up spending","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809285815","repostId":1175986847,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":809285300,"gmtCreate":1627373122500,"gmtModify":1703488608676,"author":{"id":"3580564583915483","authorId":"3580564583915483","name":"sharenraj","avatar":"https://community-static.tradeup.com/news/419197abf2e1b3044b4c2d305e844189","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3580564583915483","authorIdStr":"3580564583915483"},"htmlText":"Good news","listText":"Good news","text":"Good news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809285300","repostId":1175986847,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":809283222,"gmtCreate":1627372886766,"gmtModify":1703488602339,"author":{"id":"3582072891665879","authorId":"3582072891665879","name":"Jimmyboy","avatar":"https://static.tigerbbs.com/cb9d5d497bceb3edaca216e9eeab3c22","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582072891665879","authorIdStr":"3582072891665879"},"htmlText":"Please like and comment.","listText":"Please like and comment.","text":"Please like and comment.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809283222","repostId":1175986847,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":809219422,"gmtCreate":1627372296666,"gmtModify":1703488588333,"author":{"id":"3566564994472271","authorId":"3566564994472271","name":"Alvinwong","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3566564994472271","authorIdStr":"3566564994472271"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/809219422","repostId":1175986847,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5344502,"gmtCreate":1627373110837,"gmtModify":1663231562143,"authorId":3580564583915483,"author":{"id":3580564583915483,"idStr":"3580564583915483","authorId":3580564583915483,"name":"sharenraj","avatar":"https://community-static.tradeup.com/news/419197abf2e1b3044b4c2d305e844189","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":809219422,"type":1,"supId":0,"prevId":0,"content":"Yes","text":"Yes","html":"Yes"},{"id":5344452,"gmtCreate":1627372760807,"gmtModify":1663231561846,"authorId":3572041120390941,"author":{"id":3572041120390941,"idStr":"3572041120390941","authorId":3572041120390941,"name":"pkycme","avatar":"https://static.tigerbbs.com/2c8abf6e02924915f7b31ba778563bcc","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":809219422,"type":1,"supId":0,"prevId":0,"content":"<u>F</u>","text":"<u>F</u>","html":"<u>F</u>"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":47,"commentSize":6,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}