LVMH: It’s All About The Comps, Stay Patient Until Q3-24 (OTCMKTS:LVMHF)
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…