Consumer Cos Up After LVMH Earnings — Consumer Roundup
Consumer companies rose after strong earnings from one luxury bellwether.
LVMH posted an acceleration in revenue growth for the second quarter, on strong sales of Louis Vuitton leather goods, Dior fragrances and other premium items. Among other companies catering to wealthy shoppers, Ferrari and Moncler were higher, while Hermes was more or less flat.
United Airlines approached Delta Air Lines last year about a potential merger to combine the two most valuable U.S. carriers.
Philip Morris International opened a $1.2 billion manufacturing campus in Colorado, part of the tobacco company's efforts to meet rising demand for Zyn nicotine pouches.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
July 27, 2026 17:31 ET (21:31 GMT)
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