Streetbeat News

LVMUY

Lvmh Moet Hennessy Vuitton SE

https://www.lvmh.fr

CEO

Bernard Arnault

Employees

55,812

Industry

Women's Clothing Stores

Open

131.61

Mkt cap

330B

Volume

104K

High

132.59

P/E Ratio

24.16

52-wk high

187.19

Low

130.62

Div yield

0.02

52-wk low

119.56

Louis Vuitton held its fall-winter runway show at Gare du Nord, showcasing a mix of eclectic and futuristic styles. The event featured 1980s-inspired fashion elements and a variety of handbags.

Portfolio Pulse from

March 11, 2025 | 12:00 am

LVMH Moët Hennessy-Louis Vuitton's stock fell due to the White House's decision to impose tariffs on Canada, Mexico, and China. However, tariffs on Mexico and Canada have been paused for a month.

Portfolio Pulse from

February 03, 2025 | 10:30 pm

LVMH shares rose significantly following a strong earnings report from luxury peer Richemont, indicating a potential recovery in the luxury sector.

Portfolio Pulse from

January 16, 2025 | 8:15 pm

The U.S. Surgeon General released an advisory linking alcohol consumption to increased cancer risk, impacting stocks of companies in the alcoholic beverage industry, including Boston Beer, Molson Coors, and LVMH Moet Hennessy.

Portfolio Pulse from

January 03, 2025 | 7:30 pm

The luxury market is at a critical turning point, with high-end brands like Hermès and Ferrari expected to outperform, while aspirational brands like LVMH and Burberry face challenges. Tema Luxury ETF is positioned cautiously, holding cash for potential dip-buying opportunities.

Portfolio Pulse from Piero Cingari

October 19, 2024 | 4:00 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

Elon Musk is predicted to end 2024 as the world's richest man, despite a 10% drop in Tesla's stock price. Prediction markets give Musk an 82% chance of retaining the title, with significant wealth gains for other tech leaders like Mark Zuckerberg and Larry Ellison.

Portfolio Pulse from Chris Katje

October 12, 2024 | 1:00 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

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