LVMH tanks as high-expectations hamper better results
Portfolio Pulse from
LVMH's stock dropped 6% despite reporting stronger fourth-quarter sales, as the results did not meet high market expectations. Sales increased by 1% to €23.9 billion in Q4, contributing to a 1% annual growth to €84.7 billion.
January 29, 2025 | 10:15 am
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LVMH's stock fell 6% due to Q4 sales growth not meeting high expectations, despite a 1% increase to €23.9 billion.
LVMH's stock price decline is attributed to the market's high expectations not being met, despite positive sales growth. The 6% drop reflects investor disappointment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100