Finance
LVMH shares fall as sales growth fails to impress
Published by Global Banking & Finance Review®
Posted on January 29, 2025
1 min readLast updated: January 27, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on January 29, 2025
1 min readLast updated: January 27, 2026
LVMH shares fell in Frankfurt as sales growth disappointed investors, despite strong results from luxury peers. The stock had previously risen over 30% since November.
(Reuters) - Shares in LVMH fell in early Frankfurt trading on Wednesday, as sales growth posted by the luxury goods group failed to impress investors, following a string of strong results from rivals and recent price gains.
"With luxury peers (Richemont, Burberry, Cucinelli, Zegna) having reported significant QoQ sales improvement and beats vs. expectations, the bar for LVMH had undeniably increased in recent weeks," wrote Citi analyst Thomas Chauvet.
"The ~2% beat on 4Q24 group and Fashion & Leather sales is probably not enough to call this an inflection point".
LVMH shares opened down 3.5% in early Frankfurt trading compared to their close on Euronext on Tuesday. The stock has risen over 30% from its November lows.
(Reporting by Danilo Masoni; Editing by Amanda Cooper)
LVMH shares fell as their sales growth did not meet investor expectations, especially after strong results from competitors.
LVMH shares opened down 3.5% in early Frankfurt trading compared to their close on Euronext on Tuesday.
LVMH reported a ~2% beat on 4Q24 group and Fashion & Leather sales, which was considered insufficient to indicate a significant turnaround.
Despite the recent decline, LVMH shares have risen over 30% from their lows in November.
The bar for LVMH had increased due to significant quarterly sales improvements reported by luxury peers like Richemont and Burberry.
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