Lvmh Moet Hennessy Louis Vuitton SE
MC: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| @?j | LOCK|FqX | LOCK|T!Gwbv |
LVMH: Growth Remains Soft as Middle East War Weighs; Shares Attractive
LVMH revenue trends remained soft in the first quarter, with group organic growth at 1% dampened by a 2% decline in fashion and leather, its most profitable division, while most other segments turned positive. The war in the Middle East shaved off 1% of growth.
