LVMH Moët Hennessy - Louis Vuitton, Société Européenne·Consumer Cyclical

LVMH Moët Hennessy - Louis Vuitton, Société Européenne (LV:CA) Q1 2026 Sales/Trading Call Transcript

LVMH Moët Hennessy Louis Vuitton (LVMHF) is entering the year under more pressure than expected, as weakness in its core fashion and leather goods division poi

LVMH Moët Hennessy - Louis Vuitton (LVMUY/LVMHF) is upgraded to Buy after a ~25% pullback since December, offering a compelling margin of safety for a solid return. LVMH remains resilient amid macro headwinds, with Q1 organic revenue up 1% and strong growth in Asia and select categories. Valuation now implies a solid margin of safety, with current prices already factoring in high levels of risk despite the company's strong moat.

LVMH shares fell after it flagged a 1% negative impact from the Iran war in the first quarter. The luxury sector had begun to show signs of recovery after a years-long slump prompted by soft demand from Chinese consumers, formerly one of the sector's main growth drivers.

Luxury goods giant LVMH's stock is down 26% this year amid declining revenue — due to Middle East conflicts and exchange rates—slashing nearly $50 billion from its billionaire owner Bernard Arnault's fortune.

Luxury conglomerate and industry bellwether LVMH reported quarterly sales that missed expectations on Monday. Organic sales grew 1% in the first quarter, but analysts surveyed by FactSet had expected 1.5% growth in the March quarter.
LVMH Moët Hennessy - Louis Vuitton, Société Européenne operates as a luxury goods company worldwide. The company offers champagnes, wines, and spirits under the Clos des Lambrays, Château d'Yquem, Dom Pérignon, Ruinart, Moët & Chandon, Hennessy, Veuve Clicquot, Ardbeg, Château Cheval Blanc, Glenmorangie, Krug, Mercier, Chandon, Cape Mentelle, Newton Vineyard, Cloudy Bay, Belvedere, Terrazas de los Andes, Bodega Numanthia, Cheval des Andes, Woodinville, Ao Yun, Clos19, and Volcan de mi Tierra brands. It also provides fashion and leather products under the Berluti, Celine, Christian Dior, Emilio Pucci, FENDI, Givenchy, Kenzo, Loewe, Loro Piana, Louis Vuitton, Marc Jacobs, Moynat, Patou, and RIMOWA brands. In addition, the company offers perfumes and cosmetics under the Acqua di Parma, Benefit Cosmetics, Cha Ling, Fenty Beauty by Rihanna, Fresh, Givenchy Parfums, Guerlain, KVD Beauty, Kenzo Parfums, Maison Francis Kurkdjian, Make Up For Ever, Marc Jacobs Beauty, Officine Universelle Buly, Parfums Christian Dior, and Perfumes Loewe brands; watches and jewelry under the Bulgari, Chaumet, Fred, Hublot, Repossi, TAG Heuer, Tiffany & Co., and Zenith brands; and custom-designed yachts under the Feadship brand name, as well as designs and builds luxury yachts under the Royal Van Lent brand. Further, it provides daily newspapers under the Les Échos brand; Belmond, a luxury tourism service; home other activities under the Belmond, Cheval Blanc, Connaissance des Arts, Cova, Investir, Jardin d'Acclimatation, La Samaritaine, Le Parisien, and Radio Classique brands; and selective retailing products under the DFS, La Grande Epicerie de Paris, Le Bon Marché Rive Gauche, Sephora, and Starboard Cruise Services brands, as well as operates Jardin d'Acclimatation, a leisure and amusement park. The company operates 5,556 stores. LVMH Moët Hennessy - Louis Vuitton, Société Européenne was incorporated in 1923 and is headquartered in Paris, France.
Consumer Cyclical
Luxury Goods
200,518
2010-04-26
0.90
Market Peers





