Lvmh Moet Hennessy Louis Vuitton SE

MC: XPAR (FRA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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LVMH Earnings: Small Improvement in Sales Trends and Strong Cost Control; Shares Attractive

Jelena Sokolova

Jul 27, 2026

LVMH delivered 3% organic growth in the second quarter, an improvement from 1% in the first quarter, with the fashion and leather goods division turning positive, up 1%. Costs remained well controlled, as operating margin was broadly flat year on year.

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Lvmh Moet Hennessy Louis Vuitton SE

LVMH Earnings: Small Improvement in Sales Trends and Strong Cost Control; Shares Attractive

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