Company Earnings Update 3 minutesRegister for Free AccessLVMH (ENXTPA: MC) 1H18 Results: Asia’s Shoppers Drive Another Standout Performance Coresight Research July 25, 2018 Executive Summary LVMH reported a stellar first half, with double-digit revenue growth, strong gross-margin gains and controlled increases in expenses resulting in a 29% jump in operating profit. The company’s Fashion and Leather Goods business drove growth, with revenues up 15% on comparable terms. The company noted strong demand from Asia in a number of its divisions. For FY18, consensus calls for LVMH to grow revenues by 8.5% and EBIT by 14.6%, and to report diluted EPS of €11.70, which would be a 14.9% year-over-year increase. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: September 2023 US Retail Traffic and In-Store Metrics: Shopper Yield Decline Softens Despite Negative Trends in Store-Based Sales and TrafficRetail Innovation: State of In-Store Retailing and Opportunity To Redefine Operations99 Cents Only and Family Dollar Store Closures: Implications from Shopper Profiles and Store LocationsUS Consumer Tracker: Consumer Financial Security Improves
