Streetbeat News

LVMHF

Lvmh Moet Hennessy Vuitton SE

https://www.lvmh.fr

CEO

Bernard Arnault

Employees

55,812

Industry

Women's Clothing Stores

Open

675.00

Mkt cap

336B

Volume

198

High

677.00

P/E Ratio

22.91

52-wk high

958.69

Low

668.40

Div yield

0.02

52-wk low

598.42

Bernard Arnault's recent stock purchases in LVMH indicate confidence in the company's governance and valuation, making it an attractive buy for long-term investors. LVMH's strong brand portfolio ensures resilience and potential for growth, with current metrics suggesting it is undervalued.

Portfolio Pulse from

November 29, 2024 | 4:45 pm

LVMH's stock has dropped 17.8% since July, offering a potential buying opportunity with a P/E ratio below its 15-year average. Despite economic challenges, LVMH's strong brand and diversified portfolio make it a quality long-term investment. China's economic slowdown has impacted revenue, but a stimulus package could boost growth.

Portfolio Pulse from

November 18, 2024 | 12:30 pm

Alexandre Arnault, currently an executive at Tiffany & Co, will become Deputy CEO of LVMH's wine & spirits division in February 2025. This move is part of LVMH's strategy to address challenges in its drinks division.

Portfolio Pulse from

November 18, 2024 | 12:00 pm

LVMH is facing a downturn in the luxury market due to weaker global consumer demand, higher exposure to non-core customers, and brand fatigue. The company's shares have dropped significantly, and growth has decelerated across all segments and regions, with no signs of near-term recovery.

Portfolio Pulse from

November 17, 2024 | 8:15 pm

LVMH reported a 6% organic growth for the first nine months of the year, with total revenue of €60.8 billion. However, Q3 revenue fell short of expectations at €19.08 billion compared to the estimated €20.33 billion. The fashion and leather goods segment also underperformed, with revenue of €9.15 billion versus the expected €9.82 billion.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 3:50 pm

LVMH, led by Bernard Arnault, has secured a 10-year sponsorship deal with Formula One, following its significant presence at the Paris Olympics. This move highlights LVMH's strategy to leverage global sports events for brand visibility.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 4:01 pm

LVMH has sold Off-White LLC, the company owning the Off-White brand, to Bluestar Alliance. The terms of the transaction have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 5:04 pm

Bernard Arnault, CEO of LVMH, has seen his net worth drop by $54 billion due to a 16% decline in LVMH's stock price. This has moved him from the world's richest person to nearly fifth place. The luxury goods market's volatility and LVMH's challenges, including a mere 2% revenue increase and an 8% drop in income, have contributed to this decline.

Portfolio Pulse from Benzinga Neuro

September 24, 2024 | 6:02 am

Beyoncé has partnered with LVMH's Moët Hennessy to launch a new luxury whiskey brand, SirDavis, named in honor of her great-grandfather. This marks Moët Hennessy's first fully developed spirit brand in the U.S. The whiskey will be available for pre-order and is priced at $89 per bottle.

Portfolio Pulse from Ananya Gairola

August 21, 2024 | 10:04 am

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