LVMH Shares Surge Following Impressive Earnings Report
Shares of the French luxury goods giant LVMH Moët Hennessy Louis Vuitton surged by over 12% on Wednesday as investors reacted to the company’s latest earnings report, which surpassed analysts’ expectations.
In the third quarter of fiscal 2025, LVMH reported revenue of €18.3 billion, marking the first time this year the luxury powerhouse recorded year-over-year revenue growth, according to Azernews, citing foreign media.
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Author's summary: LVMH shares surge 12% after strong earnings report.