Editor’s Note
This article discusses analyst forecasts for LVMH’s third-quarter performance, citing a VisibleAlpha consensus via HSBC. It highlights an expected overall revenue stagnation, with a notable projected decline in its key Fashion and Leather Goods division.
For the French global market leader LVMH, a stagnation in revenue is expected for the third quarter. According to a consensus estimate from VisibleAlpha cited by HSBC, a decline of 4% in the Fashion and Leather Goods segment and a subdued growth of 1% in Watches and Jewelry are forecast.
Already in the first half of the year, LVMH showed clear signs of the difficult environment. Revenue in the Watches and Jewelry segment stagnated, and profit fell by 13%. The Fashion and Leather Goods division, which includes core brands like Louis Vuitton and Dior, even recorded a profit plunge of 18% on a revenue decline of 7%.
