ojos de hojalata LVMH (OTCPK:LVMHF) (OTCPK:LVMUY), one of the best-run conglomerates in the luxury sector, experienced its first year-over-year revenue decline since Covid, as currency headwinds more than offset the company’s 3% organic growth in Q1-24. The big unknown surrounding LVMH right now is whether the revenue slowdown is just a matter of normalization or…
TBE What does generally come to your mind first, when people mention luxury goods? I would expect people to think about beach front villas, yachts, sport cars, but certainly fashion, watches and expensive cosmetics make the top of the list. Moët Hennessy Louis Vuitton (OTCPK:LVMHF), Hermès International S.A. (OTCPK:HESAY) and Estée Lauder Companies (EL) are…
zhnger I have previously assigned a “Buy” rating to LVMH (OTCPK:LVMHF) stock, arguing that the conglomerate is well positioned for long-term out-performance in a highly attractive sector, consumer luxury goods. Although I continue to view LVMH as an attractive GARP investment, I believe the near-term outlook going into early 2024 is setting up more difficult…
The French giant attributed this decline to post-COVID-19 normalization, high inventory levels among retailers, and a slowdown in Hennessy cognac sales in the United States. LVMH, the world’s largest luxury conglomerate, experienced a significant drop in its shares on Wednesday following a disappointing financial earnings report for the third quarter (Q3) ending in September. The…
zhnger Investment Thesis Luxury brands such as LVMH Moët Hennessy (OTCPK:LVMHF) can’t be built in days, months, or years. It takes decades for a company to develop its brand and create a moat around the business. LVMH is one of those companies that has built trust with customers, enabling high barriers to entry and pricing…
Wirestock Dear readers, Few companies are as storied, as qualitative, or as interesting as LVMH (OTCPK:LVMUY). In an environment like this, we need to be careful about every premium we accept for a company. However, I believe I am not alone when I say that LVMH is one company that I have no issue premiumizing…
georgeclerk Investment Thesis It’s no secret that the past three months have posed significant challenges for the financial markets. The increase in interest rates, reaching decade highs both in the US and Europe, coupled with an economic slowdown in China, has dealt a substantial blow to the markets. However, the luxury segment has been hit…
olaser In an earlier discussion about the world of luxury brands, we took a closer look at Tapestry (TPR) and found it somewhat lacking the luster we’d usually associate with such a high-end name. It was clear that Louis Vuitton (OTCPK:LVMHF) (OTCPK:LVMUY) has been the thoroughbred in this race. What caught my attention was the…