LVMH Shares Surge Following Impressive Earnings Report
Shares of French luxury goods giant LVMH Moët Hennessy Louis Vuitton surged over 12% on Wednesday after the company's latest earnings report 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.
LVMH reported revenue of €18.3 billion, marking the first time this year the luxury powerhouse recorded year-over-year revenue growth.
LVMH's impressive earnings report has sparked investor interest, with the company's shares reacting positively to the news.
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Author's summary: LVMH shares surge 12% after impressive earnings report.