LVMUY LVMH Q2 Fashion & Leather organic sales +1%, est. +1.52%

LVMH 2Q WINES & SPIRITS ORGANIC SALES +5%, EST. -1.94% || 2Q REV. EU19.52B, EST. EU19.34B || 2Q FASHION & LEATHER ORGANIC SALES +1%, EST. +1.52% || 2Q ORGANIC REV. +3%, EST. +2.32% ||

LVMH'S 2Q WINES & SPIRITS SALES ROSE BY 5%, WHILE ESTIMATES WERE -1.94%. 2Q REVENUE AT EU19.52B BEAT EXPECTATIONS OF EU19.34B. FASHION & LEATHER SALES INCREASED BY 1%, WHICH WAS LOWER THAN THE 1.52% ESTIMATE. OVERALL, 2Q ORGANIC REVENUE GREW BY 3%, OUTPACING THE 2.32% ESTIMATE.

Q2 Revenue: EUR19.52B (est EUR19.34B) - Q2 Organic Revenue: +3% (est +2.32%) - Q2 Fashion & Leather Organic Sales: +1% (est +1.52%) - Q2 Wines & Spirits Organic Sales: +5% (est -1.94%) - H1 Recurring Oper Income: EUR8.69B (est EUR8.46B)