Lvmh Moet Hennessy Louis Vuitton SE
MC: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|@# | LOCK|bRz | LOCK|v$?&&wp |
LVMH: The Group Returns to Growth in Third Quarter; Shares Still Attractive
LVMH ADRs were up as much as 8% after announcement of third quarter revenue figures that saw a return to 1% growth for the group in constant currencies (4% decline in the second quarter) and improving trends in the fashion and leather division (down 2%, versus a 9% decline in the second quarter).
