From Barchart: 2025-04-15 06:35:00

Luxury goods maker LVMH saw its ADRs drop over 6% after reporting a 3% decline in total organic sales to EUR 20.311 billion for Q1, missing analyst expectations. Fashion & Leather Goods sales fell 5%, while Wines & Spirits dropped 9% due to weaker demand in China and the U.S.

Regional performance varied, with growth in Europe but declines in the U.S. and Japan. Analysts downgraded LVMH shares to Equal Weight, forecasting a -3% organic sales growth for Q2. Concerns over a softer global macro environment and subdued demand from China could impact future sales performance.

The challenging macroeconomic environment, including softer global conditions and pricing pressures, contributed to LVMH’s Q1 struggles. Analysts warn of potential ongoing weakness in luxury sales, particularly from key markets like China. The industry’s top-line performance may remain anemic in the coming months.



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