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Added to YB: 2026-09-16

Pitch date: 2026-09-10

MC.PA [neutral]

LVMH Moët Hennessy - Louis Vuitton, Société Européenne

+2.32%

current return

Author Info

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Company Info

LVMH Moët Hennessy - Louis Vuitton, Société Européenne, together with its subsidiaries, operates as a luxury goods company worldwide.

Market Cap

EUR 204.8B

Pitch Price

EUR 408.00

Price Target

N/A

Dividend

3.13%

EV/EBITDA

9.94

P/E

18.93

EV/Sales

2.90

Sector

Textiles, Apparel and Luxury Goods

Category

turnaround

Show full summary:
LVMH (MC France): Fashion weakness delays the earnings recovery

MC.PA (update): LVMH’s earnings recovery is increasingly dependent on 2027-28 as softer US consumption and a more difficult environment in China threaten the tentative Fashion & Leather Goods recovery; the division generates around 70% of group EBIT, while organic sales improved from a 2% decline in Q1 to just 1% growth in Q2. Sephora, jewellery and Wines & Spirits are improving but cannot offset fashion stagnation; Dior’s creative reset is promising, though its commercial impact will take time.

Read full article (2 min)