- LVMH reported a 4% decline in organic revenue, slightly better than the estimated 4.45% decline.
- Fashion & Leather Goods sales fell by 9%, missing the anticipated decline of 7.82%.
- Wines & Spirits sales decreased by 4%, outperforming the expected 6.94% drop.
- Perfumes & Cosmetics sales rose by 1%, above the forecasted 0.11% increase.
- Watches & Jewelry sales remained flat, better than the expected 1.09% decrease.
- Selective Retailing saw a 4% increase in sales, surpassing the 1.26% estimate.
- US organic revenue was flat, exceeding a projected decline of 3.17%.
- Asia, excluding Japan, saw a 6% drop in revenue, better than the expected 9.25% decrease.
- Japan’s organic revenue declined by 28%, much worse than the estimated decline of 10.7%.
- Europe recorded a 1% decline in organic revenue, missing the expectation of a 1% increase.
- Total revenue for LVMH was €19.50 billion, down 7.1% year-on-year, slightly below the estimated €19.58 billion.
- Recurring operating income for the first half was €9.01 billion, a 15% decrease year-on-year, exceeding the estimate of €8.82 billion.
- Fashion & Leather Goods recurring operating income was down 18% to €6.64 billion, close to the estimated €6.66 billion.
- Wines & Spirits recurring operating income fell 33% to €524 million, below the estimate of €552.5 million.
- Perfume & Cosmetics recurring operating income decreased by 4.5% to €425 million, outperforming the estimated €346.9 million.
- Watches & Jewelry recurring operating income decreased by 13% to €762 million, higher than the expected €685.6 million.
- Selective Retailing recurring operating income increased by 12% to €876 million, surpassing the estimate of €679.3 million.
- Overall revenue for the first half of the year was €39.81 billion, a 4.5% decline year-on-year, slightly below the anticipated €39.88 billion.
- Fashion & Leather Goods revenue fell 8% year-on-year to €19.12 billion, slightly under the expected €19.34 billion.
- Wines & Spirits revenue decreased by 7.8% to €2.59 billion, slightly above the projected €2.56 billion.
- Perfume & Cosmetics and Watches & Jewelry revenue were in line with estimates at €4.08 billion and €5.09 billion, respectively.
- Selective Retailing revenue was nearly flat with a slight decline of 0.1% to €8.62 billion, beating the estimate of €8.56 billion.
Lvmh Moet Hennessy Louis Vuitton on Smartkarma
On Smartkarma, analyst coverage of LVMH Moet Hennessy Louis Vuitton by Baptista Research highlights the initiation of coverage and the potential impact of the company’s latest brand revitalization and portfolio management strategies. The report, authored by Baptista Research, leans towards a bullish sentiment. LVMH Moët Hennessy Louis Vuitton S.E. demonstrated resilience in a challenging economic environment, with marginal organic revenue growth but a decline in operating income due to significant one-off expenses related to events like sponsoring the Olympics and Notre Dame’s renovation. These strategic investments in brand visibility are seen as significant outlays affecting current operating margins.
A look at Lvmh Moet Hennessy Louis Vuitton Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 2.8 |
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, LVMH Moet Hennessy Louis Vuitton SE, a diversified luxury goods group known for wine, cognac, perfumes, cosmetics, luggage, and watches and jewelry, shows a mixed long-term outlook. With a Value score of 2, the company’s stock may not be considered undervalued. Its Dividend score of 3 indicates a moderate dividend outlook, offering some potential for income investors. In terms of Growth and Momentum, both scored a 3 and 2 respectively, suggesting stable but not exceptional future growth prospects.
However, LVMH excels in Resilience with a score of 4, highlighting the company’s ability to weather economic uncertainties and market volatility. This strong resilience factor indicates that LVMH Moet Hennessy Louis Vuitton is well-positioned to withstand challenges and maintain its market position over the long term, providing a sense of stability for investors despite the mixed scores in other areas.
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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