LVMH reports accelerating second-quarter growth and solid first-half results

Earnings
โดย Yahoo Finance·Read original
Summary · why it matters

LVMH Moët Hennessy Louis Vuitton reported first-half 2026 revenue of €38.6 billion, with organic growth accelerating to 3% in the second quarter. Profit from recurring operations reached €8.7 billion, maintaining a high operating margin of 22.5%, while free cash flow rose to €4.1 billion. Chairman and CEO Bernard Arnault attributed the acceleration to the success of Jonathan Anderson's first designs for Christian Dior, strong performances by Louis Vuitton's new flagships in Beijing and Seoul, and iconic lines at Tiffany and Bvlgari. The Watches & Jewelry business group led with 11% organic growth in the second quarter, and Sephora sustained its growth within Selective Retailing. An interim dividend of €5.50 will be paid on December 3, 2026.

Impact on stocks 2

Consumer Discretionary · 2 stocks
Christian Dior SE
CDI
▲ PositiveDemandrelevance

CEO attributes acceleration to success of Jonathan Anderson's first designs for Christian Dior.

Off-coverage companies 1

SephoraPrivate▲ Positive
Demandrelevance

Sephora sustained its growth within Selective Retailing.