Lvmh

Since 1989, Louis Vuitton has been led by chair and CEO The company has seen major success with its strategy of acquiring many different luxury brands across multiple areas. It reported a net profit of €4.7 billion on revenue of €44.7 billion ($53.0 billion) in 2020. LVMH’s market capitalization was Tiffany was founded by Charles Lewis Tiffany in 1837 and has since grown into a leading global design house with a reputation for innovative jewelry design and expert craftsmanship. The company offers necklaces, bracelets, earrings, rings, and watches, as well as a variety of home accessories and fragrances. LVMH announced plans to acquire Tiffany in late 2019 in an agreement that valued the jeweler at approximately $16.2 billion. But the coronavirus pandemic and its negative effects on the luxury jewelry market prompted Arnault to renegotiate a discount from the originally agreed-upon acquisition price. His initial demand for an 11% reduction in the deal price was met with a lawsuit from Tiffany intended to ensure the enforcement of the initial acquisition agreement. In the end, the two companies agreed to a purchase price of $131.50 per share, a 2.6% discount from the originally agreed-upon $135 per share, bringing the total purchase price to approximately $15.8 billion. Known for creativity and colorful jewelry designs, Bulgari has been at the forefront of luxury goods since its founding in 1884 by Sotirio Bulgari. The deal, which LVMH announced in March 2011, dramatically e...

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2023 2024 2025 2026 Revenue 88,004 95,643 102,594 113,787 Dividend 14.09 15.52 17.40 20.00 Dividend Yield (in %) 1.72 % 1.90 % 2.09 % 2.49 % EPS 33.11 36.71 40.07 44.17 P/E Ratio 25.66 23.14 21.20 19.23 EBIT 24,207 26,763 29,307 32,649 EBITDA 29,463 32,299 35,345 40,872 Net Profit 16,590 - - 22,581 Net Profit Adjusted 16,741 18,630 20,407 22,581 Pre-Tax Profit 23,693 26,262 28,710 32,271 Net Profit (Adjusted) 23,668 26,541 29,167 - EPS (Non-GAAP) ex. SOE - - - - EPS (GAAP) 33.20 36.87 40.27 45.03 Gross Income 60,591 65,730 70,033 - Cash Flow from Investing -4,081 -4,334 -4,263 - Cash Flow from Operations 22,985 25,551 28,869 - Cash Flow from Financing -9,075 -10,350 -11,213 - Cash Flow per Share 43.50 48.61 53.19 63.38 Free Cash Flow 16,204 18,425 21,091 - Free Cash Flow per Share 30.76 36.46 45.58 - Book Value per Share 130.07 150.82 173.68 206.79 Net Debt 2,397 -7,127 -12,753 -29,835 Research & Development Exp. 0 0 - - Capital Expenditure 5,256 5,648 5,933 - Selling, General & Admin. Exp. 33,862 36,616 38,458 - Shareholder’s Equity 66,690 77,161 88,306 103,689 Total Assets 145,684 157,790 172,249 - Previous Quarter Current Quarter ending 06/30/23 Next Quarter Current Year ending 12/31/23 Next Year ending 12/31/24 Earnings Estimates No. of Analysts - 1 - 27 27 Average Estimate - 15.300 EUR - 33.105 EUR 36.707 EUR Year Ago - 12.990 EUR - 28.030 EUR 33.105 EUR Publish Date - 7/26/2023 - 4/18/2024 - Revenue Estimates No. of Analysts - 2 - 26 26 Average Estimate - 20,764 EUR ...

• 6:56p FTX founder could face 2 criminal trials after judge agrees to sever some fraud charges • 6:54p Energy Department among federal agencies breached by Russian ransomware gang • 6:36p Guardsman indicted on charges of leaking classified national defense information • 6:18p West Coast dockworkers and employers reach tentative deal, allaying shipping-delay concerns • 6:17p Amazon reinstates Alabama union advocate it fired • 6:06p Artificial intelligence is coming for seniors: AI’s dark side targets older adults in scams • 6:04p Biden is cracking down on junk fees with the help of Airbnb and Live Nation and minimum-wage workers would need to log 104 hours a week to reasonably afford a two-bedroom rental • 5:57p Justice Department looking into PGA Tour deal with LIV’s Saudi backers • 5:53p Barron's Disney Says Its CFO Is Stepping Down • 5:43p BlackRock is applying for a spot bitcoin ETF. Here’s why it matters to the crypto industry. • • to be replaced Key Data • Open $912.72 • Day Range 912.65 - 928.69 • 52 Week Range 560.12 - 1,000.00 • Market Cap $462.31B • Shares Outstanding 502.05M • Public Float 256.45M • Beta N/A • Rev. per Employee $424.58K • P/E Ratio 31.43 • EPS $29.43 • Yield N/A • Dividend N/A • Ex-Dividend Date N/A • Short Interest N/A • % of Float Shorted N/A • Average Volume 3.07K LVMH Moet Hennessy Louis Vuitton SE LVMH Moët Hennessy Louis Vuitton SE engages in the manufacture of luxury goods. It operates through the following business segments: Wines & Spir...

Europe’s Luxury Lockdown LVMH and Arnault represent the remarkable rise of Europe’s luxury and fashion houses during the lockdown. Pushed by the “momentum” of shoppers in China, according to Jefferies analyst Flavio Cereda, LVMH recorded revenue of $17 billion for the first quarter of 2021, up 32% compared to the same period in 2020. Former U.S President Donald Trump and Arnault in 2019 AFP via Getty Images Over the years, the very top of Forbes’ billionaires list has been largely dominated by Americans. The number one spot has been occupied by U.S. citizens Bezos, Musk, Gates and Buffett for the best part of two decades, with only Mexico’s For a number of years at the start of the century, the richest Europeans were Aldi founders Theo and Karl s richest person, at around 10:30 a.m. EST on December 16, 2019, when he past Bezos. Amazon stock eventually closed higher, knocking the French tycoon back to No. 2. Since the start of the pandemic, the net worths of the world’s richest people have fluctuated wildly, with many jumping by billions. Elon Musk briefly became the richest person in the world in

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