LVMH Shares Surge Following Impressive Earnings Report
Shares of LVMH Moët Hennessy Louis Vuitton, a French luxury goods giant, surged over 12% on Wednesday after the company released its latest earnings report, which exceeded 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, according to foreign media.
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Author's summary: LVMH shares rose 12% after a strong earnings report.
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