- LVMH’s organic revenue increased by +3%, lesser than the estimated +3.28%.
- Fashion & Leather Goods demonstrated an organic sales growth of +2%, falling short of the estimated +3.22%.
- Wines & Spirits department witnessed a decrease in organic sales with -12%, compared to an estimated decrease of -8.66%.
- Perfumes & Cosmetics sector exceeded expectations with organic sales growth of +7%, outperforming an estimated +6.72% increase.
- Watches & Jewelry division saw a decrease in organic sales of -2%, more than the estimated decline of -0.75%.
- Selective Retailing exceeded estimated growth with organic sales increase of +11% against the estimated +10.5%.
- Overall, LVMH’s reported revenue was EU20.69 billion, which reflects a year-on-year decrease of -1.6%. This was less than the estimated revenue of EU21.18 billion.
- Fashion & Leather Goods’ revenue was reported at EU10.49 billion, a decrease of -2.2%, against the previously estimated EU10.71 billion.
- Wines & Spirits’ revenue decreased to EU1.42 billion, down by -16% from the previous year, falling short of an estimated EU1.53 billion.
- Perfume & Cosmetics’ reported revenue was EU2.18 billion, an increase of +3.2% year-on-year, almost matching the estimate of EU2.19 billion.
- Watches & Jewelry department reported a revenue of EU2.47 billion, a decrease of -4.8% contrary to the estimated EU2.49 billion.
- Selective Retailing saw a revenue growth to EU4.18 billion, a +5.4% increase, surpassing the estimated EU4.26 billion.
- Hennessy cognac saw lower orders due to cautious behaviour from retailers amidst uncertainty in U.S.
- Sephora, part of Selective Retailing, continued to expand its market share.
Lvmh Moet Hennessy Louis Vuitton on Smartkarma
Analyst coverage of LVMH Moet Hennessy Louis Vuitton on Smartkarma includes a bearish outlook presented by Douglas Kim. In his research report titled “Income Statement Analysis of Global Luxury Brand Korea Operations and Luxury Brand Spending Slowdown,” Kim delves into income statement comparisons of major luxury brands in Korea, among them Louis Vuitton. The insight highlights that in 2022, Korea outpaced the United States and China in luxury goods spending, yet luxury brand spending in Korea has been showing weakness, serving as a potential indicator for the broader luxury market trends.
A look at Lvmh Moet Hennessy Louis Vuitton Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores for LVMH Moet Hennessy Louis Vuitton, the company has a promising long-term outlook. With strong scores of 4 for Growth and Momentum, it signifies that the company is expected to continue expanding and maintain positive market performance. Additionally, a Resilience score of 3 indicates that LVMH is well-positioned to weather economic uncertainties. Although the Value and Dividend scores are lower at 2, the overall outlook remains optimistic due to the high scores in key growth indicators.
LVMH Moet Hennessy Louis Vuitton SE is a prominent luxury goods group known for its diverse portfolio of wine, cognac, perfumes, cosmetics, luggage, watches, and jewelry. The company’s strategic focus on growth and maintaining market momentum suggests a solid foundation for long-term success in the luxury goods sector. Despite moderate scores in Value and Dividend factors, LVMH’s strong performance in Growth, Resilience, and Momentum positions it well for continued growth and market outperformance.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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