I’m not going to report record revenue, but it was nonetheless a robust year," CEO Bernard Arnault said during the earnings call.

The world’s largest luxury company LVMH on Tuesday reported better-than-expected full-year sales, in the strongest sign yet of a potential turnaround in the high-end sector.

LVMH earned $88.27 billion in revenue in 2024, a slightly better-than-expected figure that could be signaling a turnaround in the luxury market.

LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt over a broader sector recovery.

LVMH published its earnings report and the results revealed concerning news for the future of the alcoholic beverage business.

The Hennessy Cognac maker reported underlying operating profit from the division dropped by more than a third.

LVMH, which is controlled by the family of multibillionaire Bernard Arnault, was a major sponsor of the Summer Games in Paris.

Goldman Sachs analyst Louise Singlehurst maintained a Buy rating on LVMH Moet Hennessy Louis Vuitton (0HAU – Research Report) today and set a

Barclays analyst Carole Madjo maintained a Buy rating on LVMH Moet Hennessy Louis Vuitton (0HAU – Research Report) today and set a price target

Bloomberg News reported on Friday that the drinks giant is also reviewing the future of its 34% stake in Moet Hennessy, the drinks division of luxury firm LVMH. It comes amid a ... its stake in Moet Hennessy (Moet & Chandon/PA) The company has already ...

Luxury goods conglomerate LVMH, Europe's largest company by market value, said Tuesday that its net profit fell 17 percent last year to 12.55 billion euros ($13 billion)

LVMH Moët Hennessy - Louis Vuitton, Société Européenne operates as a luxury goods company worldwide. The company offers wines, and spirits under the domaine des Lambrays, Château d'Yquem, Dom ...