French Fashion Giant LVMH Records 3% Organic Revenue Growth In Q1: Details
French Fashion Giant LVMH Records 3% Organic Revenue Growth In Q1: Details
French luxury fashion house LVMH-Moet Hennessy Louis Vuitton (OTC:LVMHF) (OTC:LVMUY) reported a 2% decline in first-quarter FY24 revenue to €20.7 billion. Organic revenue growth was 3%.
法国奢侈品时装屋路威登轩尼诗路易威登（场外交易代码：LVMHF）（场外交易代码：LVMUY）报告称，24财年第一季度收入下降2％，至207亿欧元。有机收入增长了3％。
The Wines & Spirits business group saw a revenue decline of 16% (down 12% organic) in the first quarter of 2024.
葡萄酒和烈酒业务集团在2024年第一季度的收入下降了16％（有机收入下降12％）。
The Fashion & Leather Goods business group achieved organic revenue growth of 2%, and the Perfumes & Cosmetics business group recorded a 7% organic growth.
时装和皮革制品业务集团实现了2％的有机收入增长，香水和化妆品业务集团实现了7％的有机增长。
Selective Retailing organic revenue growth was 11%, with Sephora gaining market share. Growth in North America, Europe and the Middle East remained strong.
选择性零售有机收入增长了11％，丝芙兰增加了市场份额。北美、欧洲和中东的增长仍然强劲。
Europe and the U.S. achieved growth on a constant currency and consolidation scope basis in the quarter.
本季度，欧洲和美国在固定货币和整合范围的基础上实现了增长。
Japan recorded double-digit revenue growth. Rest of Asia reflected the strong growth in spending by Chinese customers in Europe and Japan.
日本的收入实现了两位数的增长。亚洲其他地区反映了中国客户在欧洲和日本的支出强劲增长。
Price Action: LVMHF shares closed higher by 1.58% at $855.05 on Tuesday.
价格走势：LVMHF股价周二收盘上涨1.58％，至855.05美元。
Photo via Shutterstock
照片来自 Shutterstock