LVMH expected to report softer third-quarter revenue trends
LVMH is scheduled to report third-quarter results Monday, with analysts expecting revenue of 18.49 billion euros versus 18.28 billion euros a year earlier. The preview says the luxury group could show softer trends amid a difficult sector environment and weak Chinese demand.
By Andrea Figueras Louis Vuitton owner LVMH is scheduled to report results for the third quarter on Monday. Here is what you need to know. 73 billion, for the quarter through September, according to a poll of estimates by 13 analysts compiled by Visible Alpha. 28 billion euros.
5 billion euros previously. Shares have fallen around 31% over the past 12 months and are down 40% since the start of the year. WHAT TO WATCH - LVMH, which is considered a bellwether for the luxury industry, could report a deterioration in revenue trends compared with the second quarter, Equita SIM's Paola Carboni said in a research note. The sector context remains uncertain, she said.
RBC Capital Markets analysts had expected an uptick in revenue in the second half of 2026, helped by a creative renewal at Dior, one of the group's heavyweight brands. But this will be offset by weakening economic trends as well as a softened luxury demand environment in the third quarter, RBC said. - The luxury sector's rebound in China might have to wait, as Chinese luxury shoppers have been hit by slower macroeconomic growth, putting middle-class consumers on the back foot, analysts at Bernstein wrote in a note to clients. "Chinese consumer confidence has yet to revive after a massive postpandemic step down," the brokerage said.
- The industry also faces the consequences of the war in the Middle East, including the impact of the conflict on travel flows and higher oil prices pressuring consumers. The war in Iran is affecting both local demand and international tourism, as the Middle East is a key air connection point for Asian tourist flows to Europe, who are vital for the industry, Jefferies analysts said in a note. com (END) Dow Jones Newswires October 09, 2026 04:50 ET (08:50 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. The statements in this document shall not be considered as an objective or independent explanation of the matters.
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