Insight Report 3 minutes PremiumLVMH (ENXTPA:MC) 3Q16 Sales Results: Strengthening Organic Growth Trends Coresight Research October 12, 2016 Executive Summary LVMH Moët Hennessy Louis Vuitton reported 6.0% organic revenue growth for 3Q16, showing a sequential quarterly acceleration from 4.0% in 2Q16 and 3.0% in 1Q16.3Q16 revenue of €9.1 billion was above the consensus estimate of €9.0 billion. The company noted significant improvement in Asia, ex Japan, in 3Q16. The US and Europe, ex France, remain well positioned. Stronger quarterly organic sales growth was driven by an improved performance in the Fashion & Leather Goods division and continued strength in the Perfumes & Cosmetics and Selective Retailing divisions. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Earnings Insights 2Q24, Week 2: Positive Results from Colgate-Palmolive, Crocs, Deckers Outdoor and MoreMarket Outlook: US Department Stores—Innovation Amid New ChallengesEarnings Insights 4Q23, Week 1: Deckers, Clorox and Walgreens Report Strong Results; Columbia Sportswear Sees Sales DeclineUS Store Tracker Extra, May 2024: rue21 To Close 2.7 Million Square Feet of Retail Space
