Announcement • Jun 18
Joseph & Norinsberg LLC Files Amended Complaint Against Stella McCartney America Inc., LVMH Moët Hennessy Louis Vuitton Joseph & Norinsberg LLC had filed an amended complaint in the Southern District of New York against Stella McCartney America Inc., LVMH Moët Hennessy Louis Vuitton, and CEO Amandine Ohayon, adding claims arising from the termination of Andrew Dershaw on May 22, 2026—four days after his return from medically prescribed leave. The original complaint, filed April 20, 2026, in the Southern District of New York, alleged pay discrimination, national origin discrimination, and whistleblower retaliation spanning Mr. Dershaw's 15-year tenure. Among the central allegations: Defendants paid him a base salary of $235,000 while his female predecessor earned more than $400,000 for the same role, and retaliated against him after he refused to facilitate a pricing scheme that the company's own Chief Digital Officer had warned in writing was "anti-competitive and illegal." According to the complaint, three days before Mr. Dershaw's return, Defendants' own counsel confirmed in writing they would restore him to his role and comply with their legal obligations. On his first call back, two senior executives confirmed he would return to the same responsibilities and outlined a three-to-five-week transition plan. Four days later, he was fired. Defendants cited alleged attendance issues, including a brief visit to a company sample sale during his lunch break and two medical appointments in his first week back from medical leave. The complaint notes Mr. Dershaw was the first person in the office every day that week, was emailing European colleagues at 6:30 a.m. the morning before his termination, and had never once in 15 years been required to account for how he spent his lunch hour. The amended complaint also expands the joint employer theory against LVMH, alleging that LVMH's operational control over Stella McCartney continued through and beyond its equity repurchase in early 2025, and citing Ohayon's subsequent appointment as CEO of Givenchy as evidence that executive authority remained interconnected between the entities. The amended complaint asserts claims under the Equal Pay Act, New York Labor Law § 194, the NYSHRL, the NYCHRL, and New York Labor Law § 740 (whistleblower retaliation), seeking back pay, front pay, compensatory and punitive damages, liquidated damages of up to 300% of wages under NYLL § 198(1-a), and attorneys' fees. Live News • Jun 11
Jay-Z-Backed MarcyPen Eyes LVMH’s Fenty Beauty Stake Valued Up To $2 Billion Jay-Z-backed MarcyPen Capital Partners is reportedly in talks to acquire LVMH’s 50% stake in Fenty Beauty, the cosmetics venture founded by Rihanna.
Fenty Beauty, launched in 2017, is valued in a reported range of $1 billion to $2 billion.
MarcyPen Capital Partners manages nearly $1.1 billion in assets and already holds positions in Savage X Fenty and Wheels.
A potential sale of its Fenty Beauty stake would mark a shift in how LVMH is exposed to Rihanna-branded businesses, moving from joint ownership toward a possible exit from this specific beauty venture.
For investors, the key questions are what valuation LVMH might obtain for its stake and how any proceeds could be redeployed within its broader portfolio of luxury brands. Live News • Jun 02
LVMH Sees Boost in China as Premium Beauty and Fashion Sales Strengthen Chinese consumers are showing renewed demand for high-end beauty and fashion, offering a rare bright spot for global luxury brands in the country. Recent reports indicate that Louis Vuitton and some peers saw growth in physical store activity in mainland China in the first quarter. Premium beauty sales on Alibaba’s platforms rose, and companies such as LVMH, Ralph Lauren and L’Oréal reported stronger-than-expected sales performance in China alongside improving sentiment.
A rebound in Chinese appetite for luxury products is important for LVMH because China is a key market for high-end fashion and beauty, and recent data points to healthier traffic and spending there.
If you are following LVMH, it is worth keeping an eye on whether this early strength in China is sustained across future quarters, given how much regional consumer demand can influence overall group performance. Announcement • Apr 26
Lvmh Moët Hennessy - Louis Vuitton, Société Européenne Approves Dividend, Payable on April 30, 2026 At the Annual Shareholders’ Meeting of LVMH Moët Hennessy Louis Vuitton held on Thursday, April 23, 2026, approval was given for the payment of a dividend for financial year 2025 of 13.00 Euros per share.
Taking into account the 5.50 Euros paid on Thursday, December 4th, 2025, the balance of 7.50 Euros will be paid on Thursday, April 30, 2026. The last trading day with dividend rights is Monday, April 27th, 2026. Announcement • Apr 22
Stella McCartney and Louis Vuitton Moët Hennessy Faces Lawsuit Alleging Retaliation, Pay Discrimination, and Pricing Misconduct Joseph & Norinsberg LLC, on behalf of a senior executive at Stella McCartney files federal lawsuit filed against the brand, its parent company Louis Vuitton Moët Hennessy (LVMH), and CEO Amandine Ohayon, alleging a senior executive was retaliated against after raising concerns about an alleged pricing scheme and longstanding pay disparities within the company. The complaint, filed in the United States District Court for the Southern District of New York, was brought by Andrew Dershaw, who spent fourteen years building and leading Stella McCartney's U.S. wholesale business. During his tenure, Dershaw oversaw more than $40 million in annual revenue across more than 200 retail accounts. According to the lawsuit, Dershaw raised objections in early 2025 to what he believed was a coordinated pricing strategy imposed on U.S. retailers—one that internal communications allegedly described as anti-competitive (and illegal). The complaint alleges that after refusing to participate, Dershaw faced immediate financial consequences, including a significant bonus reduction. The lawsuit further claims that LVMH and Stella McCartney continued advancing the pricing strategy despite mounting scrutiny in Europe over similar conduct. Months later, the European Commission fined Loewe, another LVMH-owned brand, EUR 18 million for anti-competitive practices. In addition to the alleged retaliation, the complaint outlines claims of unequal pay and wage violations. According to Dershaw, nearly all members of the company's senior leadership team were European, and he was the only American male in the group. After a European executive was terminated in 2024, Dershaw claims that, after assuming her full responsibilities, he was not granted her title and was earning roughly half her compensation. The lawsuit also alleges that during the COVID-19 pandemic, Dershaw's salary was reduced by approximately 30%, while European executives' compensation remained unchanged. Public filings cited in the complaint indicate that Stella McCartney increased her own compensation by approximately GBP 221,000 during that same period. Dershaw further claims that the company failed to reimburse approximately $20,000 in approved business expenses and used his internal complaints about compensation and wage issues as the basis for his first negative performance review in fourteen years—resulting in an additional reduction in compensation. The cumulative impact of these actions led to significant personal and professional harm, ultimately forcing Dershaw to take medically prescribed leave in October 2025 after being diagnosed with Major Depressive Disorder and Generalized Anxiety Disorder. The lawsuit asserts several causes of action under federal, state, and city law, including claims under the Equal Pay Act, the New York State and City Human Rights Laws, New York Labor Law § 740 for whistleblower retaliation, and additional wage and hour violations. Upcoming Dividend • Apr 21
Upcoming dividend of €7.50 per share Eligible shareholders must have bought the stock before 28 April 2026. Payment date: 30 April 2026. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of French dividend payers (5.5%). Higher than average of industry peers (2.1%). Announcement • Mar 10
LVMH Appoints Philippe Farnier as Deputy CEO of Beauty Division and Parfums Christian Dior LVMH has appointed longtime executive Philippe Farnier as deputy chief executive of its beauty division and Parfums Christian Dior. Farnier will report to Véronique Courtois, who was recently named head of LVMH’s beauty division in February. The division includes brands such as Parfums Christian Dior, Fresh, Benefit Cosmetics, Make Up For Ever and Louis Vuitton’s newly launched beauty line. Farnier originally joined LVMH in 2008 as general manager of Parfums Christian Dior before later leading travel retail, EMEA and global marketing. He subsequently spent seven years at Rémy Martin as CEO for the Americas before returning to LVMH in 2022. In his new role, he will oversee strategic initiatives, commercial operations and omnichannel development, with a focus on strengthening synergies and competitiveness across the division. Announcement • Feb 21
LVMH Appoints Francois Kohler As President For South And Southeast Asia, Effective February 23, 2026 LVMH appointed Francois Kohler as president, South and Southeast Asia, effective February 23, 2026, as the luxury group steps up its ambitions in one of its fastest-growing regions. Kohler will report to Stephane Bianchi and will be tasked with accelerating growth across a cluster seen as strategically critical for the group's maisons. LVMH said Kohler would draw on his deep retail and client expertise to expand networks and strengthen brand presence across diverse and rapidly evolving markets. The appointment comes as Chris Chong exits the group after helping structure LVMH's regional operations and laying the foundations for its expansion in South and Southeast Asia. Chong is leaving to pursue new career opportunities. Kohler's entrepreneurial leadership and experience in developing retail networks across cultures would be key to capturing new opportunities. Chong consolidated LVMH's local footprint and reinforced synergies to support long-term growth in South Asia. The leadership change underscores LVMH's renewed focus on Asia, where rising affluence and appetite for luxury continue to reshape the global growth map for high-end brands. Announcement • Feb 10
LVMH Announces Management Changes VMH Moët Hennessy Louis Vuitton (LVMH) has announced strategic changes to its senior leadership team to bolster its sustainable growth strategy. The appointments, which are effective immediately, see two long-standing internal leaders join the group executive committee as the company reorganises its beauty and environmental divisions. Véronique Courtois has been appointed Chairman and Chief Executive Officer of Parfums Christian Dior and of the LVMH beauty division. In this expanded capacity, Courtois joins the executive committee and will oversee the activities of all maisons within the beauty portfolio. She retains her current role at the head of Parfums Christian Dior to ensure strategic continuity for the brand. Courtois first joined LVMH in 2000 and held various marketing roles for 10 years before becoming Chief Marketing Officer of Guerlain in 2007. She moved to Christian Dior Couture in 2010 as Marketing Director and later served as Brand General Director of Parfums Christian Dior. Following a tenure as CEO of Guerlain starting in 2019, she returned to lead Parfums Christian Dior in March 2023. Antoine Arnault, the 48-year-old director of image and environment for LVMH, has also been appointed to the executive committee. Arnault will continue to oversee image, communication, and sustainable development projects, responsibilities he has held since 2020. His expertise is expected to be vital in advancing the LIFE 360 roadmap, which focuses on protecting biodiversity and the environment. Antoine began his career by founding a technology company in 2000 before joining Louis Vuitton as Communication Director. He was appointed CEO of Italian menswear brand Berluti in 2011 and became Chairman of Loro Piana in 2013, a position he held until 2025. He currently serves as CEO and Vice-Chairman of the Board of Directors of Christian Dior SE and Chairman of the Supervisory Board of Berluti. The reorganisation follows the departure of Stéphane Rinderknech, who has decided to leave the group to pursue personal projects. Rinderknech previously led the expansion of LVMH hospitality and the beauty division. Stéphane Bianchi, the Managing Director of LVMH, expressed gratitude for Rinderknech’s contribution to the growth of the hospitality and beauty businesses. Bianchi noted that both Courtois and Arnault have consistently demonstrated the values of the group throughout their careers, and their unique expertise is expected to be instrumental in shaping the strategic direction of the conglomerate as it navigates the evolving luxury landscape. Bernard Arnault has appointed his son Antoine to LVMH’s executive committee, another strong sign that he intends for his children to play an important role in the future of the luxury goods conglomerate. Antoine will join his father and his sister Delphine Arnault, 50, who heads Christian Dior Couture, LVMH’s second-biggest fashion brand after Louis Vuitton. Delphine was appointed to the committee at age 43. Antoine oversaw LVMH’s sponsorship of the Paris Olympic Games in 2024, during which the company and its brands featured prominently in the opening ceremony. The LVMH executive committee is now composed of 14 members, who typically run the different divisions or brands of LVMH. Courtois has replaced Stéphane Rinderknech as head of the beauty division, which includes brands such as Parfums Christian Dior and Guerlain. The appointments are effective immediately. Declared Dividend • Jan 30
Final dividend of €7.50 announced Dividend of €7.50 is the same as last year. Ex-date: 28th April 2026 Payment date: 30th April 2026 Dividend yield will be 2.4%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jan 30
LVMH Moët Hennessy - Louis Vuitton, Société Européenne, Annual General Meeting, Apr 23, 2026 LVMH Moët Hennessy - Louis Vuitton, Société Européenne, Annual General Meeting, Apr 23, 2026. Reported Earnings • Jan 28
Full year 2025 earnings: Revenues and EPS in line with analyst expectations Full year 2025 results: EPS: €21.86 (down from €25.13 in FY 2024). Revenue: €80.8b (down 4.6% from FY 2024). Net income: €10.9b (down 13% from FY 2024). Profit margin: 14% (down from 15% in FY 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 12% per year. Announcement • Jan 22
LVMH Moët Hennessy - Louis Vuitton, Société Européenne to Report Fiscal Year 2025 Results on Jan 27, 2026 LVMH Moët Hennessy - Louis Vuitton, Société Européenne announced that they will report fiscal year 2025 results After-Market on Jan 27, 2026 Buy Or Sell Opportunity • Dec 31
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 19% to €645. The fair value is estimated to be €535, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has declined by 6.1%. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are also forecast to grow by 10% per annum over the same time period. Announcement • Dec 31
LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) acquired Editions Croque Futur, SA. LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) acquired Editions Croque Futur, SA on December 30, 2025. This strategic move integrates three leading publications—Challenges, Sciences & Avenir, and La Recherche—into the UFIPAR investment company. As part of this transaction, Maurice Szafran, a long-time advisor to Claude Perdriel, has been appointed President of Les Editions Croque Futur and will serve as publishing director for all three titles.
LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) completed the acquisition of Editions Croque Futur, SA on December 30, 2025. Declared Dividend • Nov 28
First half dividend of €5.50 announced Dividend of €5.50 is the same as last year. Ex-date: 2nd December 2025 Payment date: 4th December 2025 Dividend yield will be 2.0%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 32% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Nov 28
LVMH Moët Hennessy - Louis Vuitton, Société Européenne Announces Interim Dividend, Payable on December 4, 2025 LVMH Moët Hennessy Louis Vuitton announced An interim dividend of €5.50 per share will be paid on Thursday, December 4th, 2025. The ex-dividend date is Tuesday, December 2nd, 2025. The last trading day with interim dividend rights is Monday, December 1st, 2025. Announcement • Oct 25
LVMH Reportedly Considers Stake Sale in Fenty Beauty LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) is considering selling its 50% stake in Fenty Beauty LLC, the cosmetics company it co-owns with singer and entrepreneur Rihanna, as reported by Reuters. The French luxury group, which owns the Louis Vuitton, Dior and Tiffany & Co brands, has enlisted investment bank Evercore to advise on the potential sale. Rihanna, whose full name is Robyn Rihanna Fenty, launched Fenty Beauty in 2017 in collaboration with Kendo Brands, LVMH's in-house beauty incubator. Both she and LVMH each hold an equal ownership share. LVMH and Evercore have declined to comment, while Fenty Beauty and representatives for Rihanna did not immediately respond to requests for comment. Announcement • Sep 19
LVMH Reportedly May Move to Acquire Armani LVMH (LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC)) could be preparing to pursue Giorgio Armani (Giorgio Armani S.p.A.), with TD Cowen suggesting the iconic Italian fashion house may be valued between $5 billion and $7 billion. The speculation follows growing expectations that Armani could become available. “A fiercely independent iconic brand becomes available,” TD Cowen said, noting Armani’s early role in Hollywood wardrobe partnerships and red-carpet influence. The firm cited vertical integration, quality commitment, and brand credibility as key assets. On LVMH’s interest, TD Cowen said: “We believe the company appreciates the timeless nature of the brand; however, we also note LVMH will be sensitive to valuation.” Even so, TD Cowen called Armani an “opportunistic transaction LVMH will strongly consider given the timelessness of the brand”. Buy Or Sell Opportunity • Sep 15
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 9.4% to €504. The fair value is estimated to be €410, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has declined by 6.1%. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are also forecast to grow by 9.4% per annum over the same time period. Buy Or Sell Opportunity • Aug 20
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 1.7% to €494. The fair value is estimated to be €410, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has declined by 6.1%. For the next 3 years, revenue is forecast to grow by 4.2% per annum. Earnings are also forecast to grow by 9.4% per annum over the same time period. Reported Earnings • Jul 28
First half 2025 earnings: EPS misses analyst expectations First half 2025 results: EPS: €11.43 (down from €14.55 in 1H 2024). Revenue: €39.8b (down 4.5% from 1H 2024). Net income: €5.70b (down 22% from 1H 2024). Profit margin: 14% (down from 17% in 1H 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.3%. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 11% per year. Announcement • Jul 27
LVMH Reportedly Discusses Potential Sale of Marc Jacobs Fashion Brand LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) is in discussions with multiple buyers to offload its fashion label Marc Jacobs (Marc Jacobs International, LLC), people familiar with the matter told Reuters on July 25, 2025. The Bernard Arnault-led company has been holding talks with potential buyers including Reebok-owner Authentic Brands Group (Authentic Brands Group, LLC) and WHP Global (WHP Global, LLC), the sources said, who asked not to be named because the discussions are confidential. Authentic Brands declined to comment on the matter while WHP did not immediately respond. Brookstone's owner Bluestar Alliance (Bluestar Alliance, LLC) is also a suitor for Marc Jacobs, which could be worth around $1 billion, according to the Wall Street Journal, which earlier reported the news. LVMH, Marc Jacobs and Bluestar Alliance did not immediately respond to requests for comments on the WSJ report. In 2024, Bloomberg reported that LVMH was exploring strategic options for the label with advisers after receiving interest from potential buyers, though the company denied the claim at the time. Founded in 1984 by American designer Marc Jacobs, the luxury fashion brand is renowned for its eclectic, bold designs that blend high fashion with street style. In 1997, LVMH tapped Jacobs to lead the Louis Vuitton brand and acquired a stake in the designer's eponymous label. The Journal said that a deal could be finalized soon, provided talks do not fall apart. LVMH has recently been offloading some of its brands to streamline its portfolio. Last year, it sold the Off-White clothing brand, founded in 2012 by the late Virgil Abloh, to New York-based company Bluestar Alliance for an undisclosed value. Buy Or Sell Opportunity • Jul 27
Now 24% overvalued Over the last 90 days, the stock has fallen 2.6% to €489. The fair value is estimated to be €395, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has declined by 6.1%. For the next 3 years, revenue is forecast to grow by 4.2% per annum. Earnings are also forecast to grow by 9.7% per annum over the same time period. Announcement • Jul 18
LVMH Moët Hennessy - Louis Vuitton, Société Européenne to Report First Half, 2025 Results on Jul 24, 2025 LVMH Moët Hennessy - Louis Vuitton, Société Européenne announced that they will report first half, 2025 results on Jul 24, 2025 Announcement • Jul 08
LVMH Reportedly to Sell Santa Barbara's El Encanto Hotel for $82.2 Million to Partnership of Brothers Justin and Tyler Mateen and Culver Capital LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) is selling its only US hotel, the El Encanto in Santa Barbara, California. The 90-room property - in a coastal getaway northwest of Los Angeles - is being purchased by a partnership of brothers Justin and Tyler Mateen and Culver Capital, according to representatives for the buyers. The price is $82.2 million, they said. "We look at it as we're buying 20% of the class A luxury hospitality market in Santa Barbara, which we believe is a growing market," Tyler Mateen said in an interview July 7, 2025. The sale price per room - about $900,000 - is comparable to other recent resort transactions in coastal California, where strict government regulations and a scarcity of land create high barriers to entry, according to Alan Reay, president of Atlas Hospitality Group, a hotel brokerage based in Newport Beach. "It may look expensive today, but 10 or 20 years from now it looks like a good deal," Reay said. A spokesperson for LVMH declined to comment on the transaction but said LVMH-owned Bvlgari Hotels & Resorts plans to open a hotel in Miami Beach, Florida, in 2028. The El Encanto's new owners say they plan to manage the property themselves, meaning it will no longer be part of the Belmond chain, a group of resorts that LVMH purchased in 2019. "This property embodies the essence of California living and offers an experience like no other hotel on the Central Coast," Garrett Cayton of Culver Capital, and the co-owner of The Discerning Travellers luxury travel agency, said in a statement. Announcement • Jul 04
LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) acquired remaining majority stake L'opinion S.A. from Ken Fisher, Dow Jones & Company, Inc. and Tethys SAS. LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) acquired remaining majority stake L'opinion S.A. from Ken Fisher, Dow Jones & Company, Inc. and Tethys SAS on July 3, 2025.
LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) completed the acquisition of remaining majority stake L'opinion S.A. from Ken Fisher, Dow Jones & Company, Inc. and Tethys SAS on July 3, 2025. Buy Or Sell Opportunity • May 15
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 29% to €507. The fair value is estimated to be €637, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has grown by 2.5%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings are also forecast to grow by 6.9% per annum over the same time period. Upcoming Dividend • Apr 17
Upcoming dividend of €7.50 per share Eligible shareholders must have bought the stock before 24 April 2025. Payment date: 28 April 2025. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of French dividend payers (5.6%). Higher than average of industry peers (2.1%). Price Target Changed • Apr 16
Price target decreased by 7.9% to €670 Down from €727, the current price target is an average from 27 analysts. New target price is 37% above last closing price of €489. Stock is down 37% over the past year. The company is forecast to post earnings per share of €25.71 for next year compared to €25.13 last year. Buy Or Sell Opportunity • Apr 09
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 23% to €498. The fair value is estimated to be €627, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has grown by 2.5%. For the next 3 years, revenue is forecast to grow by 5.4% per annum. Earnings are also forecast to grow by 8.7% per annum over the same time period. Announcement • Mar 27
LVMH Moët Hennessy - Louis Vuitton, Société Européenne, Annual General Meeting, Apr 17, 2025 LVMH Moët Hennessy - Louis Vuitton, Société Européenne, Annual General Meeting, Apr 17, 2025. Location: carrousel du louvre, 99 rue de rivoli, 75001 paris, paris France Declared Dividend • Mar 12
Final dividend of €7.50 announced Shareholders will receive a dividend of €7.50. Ex-date: 24th April 2025 Payment date: 28th April 2025 Dividend yield will be 2.1%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (52% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 33% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Feb 18
LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) announces an Equity Buyback for €1,000 million worth of its shares. LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) announces a share repurchase program. Under the program, the company will repurchase up to €1,000 million worth of its shares. The repurchased shares will be cancelled. The program will be valid till November 28, 2025. Reported Earnings • Jan 30
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: €25.13 (down from €30.35 in FY 2023). Revenue: €84.7b (down 1.7% from FY 2023). Net income: €12.6b (down 17% from FY 2023). Profit margin: 15% (down from 18% in FY 2023). The decrease in margin was primarily driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.7%. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has remained flat. Announcement • Jan 28
Stella McCartney acquired remaining 49% stake in Stella McCartney Ltd from LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC). Stella McCartney acquired remaining 49% stake in Stella McCartney Ltd from LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) on January 27, 2025.
Stella McCartney completed the acquisition of remaining 49% stake in Stella McCartney Ltd from LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) on January 27, 2025. Announcement • Jan 16
LVMH Moët Hennessy - Louis Vuitton, Société Européenne to Report Fiscal Year 2024 Results on Jan 28, 2025 LVMH Moët Hennessy - Louis Vuitton, Société Européenne announced that they will report fiscal year 2024 results After-Market on Jan 28, 2025 Buy Or Sell Opportunity • Jan 16
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 12% to €696. The fair value is estimated to be €567, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 5.0% per annum. Earnings are also forecast to grow by 6.9% per annum over the same time period. Announcement • Dec 12
Icon Luxury Group and CP Brands Group acquired Thomas Pink Manufacturing Limited from LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC). Icon Luxury Group and CP Brands Group acquired Thomas Pink Manufacturing Limited from LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) on December 10, 2024.
Icon Luxury Group and CP Brands Group completed the acquisition of Thomas Pink Manufacturing Limited from LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) on December 10, 2024. Announcement • Dec 11
LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) acquired an unknown minority stake in Les Domaines de Fontenille SAS. LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) acquired an unknown minority stake in Les Domaines de Fontenille SAS on December 10, 2024.
LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) completed the acquisition of an unknown minority stake in Les Domaines de Fontenille SAS on December 10, 2024. Upcoming Dividend • Nov 25
Upcoming dividend of €5.50 per share Eligible shareholders must have bought the stock before 02 December 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of French dividend payers (5.5%). Higher than average of industry peers (1.9%). Announcement • Oct 01
Bluestar Alliance, LLC acquired Off White LLC from LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC). Bluestar Alliance, LLC acquired Off White LLC from LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) on September 30, 2024.
Bluestar Alliance, LLC completed the acquisition of Off White LLC from LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) on September 30, 2024. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €703, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Luxury industry in Europe. Total returns to shareholders of 17% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €709 per share. Declared Dividend • Sep 11
First half dividend of €5.50 announced Shareholders will receive a dividend of €5.50. Ex-date: 2nd December 2024 Payment date: 4th December 2024 Dividend yield will be 2.1%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (47% earnings payout ratio) and cash flows (54% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 31% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Sep 05
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 19% to €619. The fair value is estimated to be €776, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 6.5% per annum. Earnings are also forecast to grow by 9.6% per annum over the same time period. Buy Or Sell Opportunity • Aug 07
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 21% to €622. The fair value is estimated to be €778, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 6.6% per annum. Earnings are also forecast to grow by 9.9% per annum over the same time period. Reported Earnings • Jul 25
First half 2024 earnings: EPS and revenues miss analyst expectations First half 2024 results: EPS: €14.55 (down from €16.95 in 1H 2023). Revenue: €41.7b (down 1.3% from 1H 2023). Net income: €7.27b (down 14% from 1H 2023). Profit margin: 17% (down from 20% in 1H 2023). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 4.8%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Jul 19
LVMH Moët Hennessy - Louis Vuitton, Société Européenne to Report First Half, 2024 Results on Jul 23, 2024 LVMH Moët Hennessy - Louis Vuitton, Société Européenne announced that they will report first half, 2024 results on Jul 23, 2024 Announcement • Jun 26
LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) acquired Swiza SA. LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) acquired Swiza SA on June 25, 2024.LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) completed the acquisition of Swiza SA on June 25, 2024. Upcoming Dividend • Apr 16
Upcoming dividend of €7.50 per share Eligible shareholders must have bought the stock before 23 April 2024. Payment date: 25 April 2024. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of French dividend payers (5.3%). In line with average of industry peers (1.6%). Announcement • Feb 29
Lagardere Says in Talks to Sell Paris Match Magazine to LVMH French publishing company Lagardere SA (ENXTPA:MMB) said on February 27, 2024 it had received an offer from luxury goods group LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) to buy Paris Match magazine. Lagardere did not provide details on the amount of the offer for the magazine title, but said it was "quite significant". "It's our duty and especially my duty reporting to the board to work on that offer," CEO Arnaud Lagardère told investors. Lagardere said its board of directors has entered into exclusive discussions with LVMH and will consult with unions representing Paris Match employees, and maybe Lagardere News. Media conglomerate Vivendi (VIV.PA) acquired Lagardere last year and currently owns 59.71% of the group. Declared Dividend • Feb 16
Final dividend of €7.50 announced Shareholders will receive a dividend of €7.50. Ex-date: 23rd April 2024 Payment date: 25th April 2024 Dividend yield will be 1.6%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (43% earnings payout ratio) and cash flows (61% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover. 
