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  3. Finance News
  4. LVMH Q1 meets expectations, reassuring luxe sector

LVMH Q1 meets expectations, reassuring luxe sector

Wed, 17th Apr 2024 08:48

profit warning

, slip 0.4%

negative read-across

from weak Wines & Spirits unit performance - France's Remy Cointreau slips 0.3%, while Pernod Ricard inches up 0.6%, Britain's Diageo flat

reads as "helpful"

to the sector, analysts say

Related Shares

LVMH (MC.PA)
768.10 (-0.70 / -0.091%%)
773.30 - 773.60
Hermes (RMS.PA)
2,281.00 (-3.00 / -0.131%%)
1,957.80 - 1,958.40
Kering (KER.PA)
333.30 (0.25 / 0.075%%)
383.25 - 383.35
Moncler (MONC.MI)
60.74 (-2.3727 / -3.759%%)
0.00 - 0.00
Salvatore Ferragamo (SFER.MI)
9.245 (-0.3516 / -3.664%%)
0.00 - 0.00
Burberry (BRBY)
1,060.50 (-6.50 / -0.61%%)
1,056.00 - 1,057.00
Remy Cointreau (RCO.PA)
91.75 (-0.65 / -0.704%%)
94.26 - 94.30
Pernod Ricard (RI.PA)
144.85 (-0.55 / -0.378%%)
152.50 - 152.65
Diageo (DGE)
2,751.50 (-42.50 / -1.52%%)
2,749.00 - 2,749.50
L’Oréal (OR.PA)
447.55 (0.85 / 0.19%%)
444.70 - 444.85
More News
16 May 2024 09:59

Watches of Switzerland shares tick higher on brighter outlook

Company 'cautiously optimistic' on new financial year *

15 May 2024 12:12

Burberry looks to classics after Lee's designs struggle to excite

Q4 like-for-like sales slump 12%, China down 19% *

25 Apr 2024 17:06

European stocks retreat on earnings gloom, weak US economic data

Hermes quarterly sales jump 17% on strong China demand *

24 Apr 2024 16:47

Luxury sector outlook clouded by China's slow recovery

PARIS, April 24 (Reuters) - Sales updates from Europe's big luxury brands have offered scant reassurance that Chinese demand for high-end fashion is...

17 Apr 2024 17:11

Adidas, LVMH steer European shares higher on earnings relief

LVMH climbs as quarterly sales placate industry concerns *

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