LVMH Moët Hennessy Louis Vuitton, FR0000121014

LVMH reports EUR 57.1 billion revenue: 1 percent growth shapes LVMH stock

Published on 10/20/2026 at 09:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fashion and leather goods revenue fell 5 percent organically in Q3. LVMH stock costs EUR 393.43 on October 20, 2026 after EUR 18.50 billion sales.

Growth splits across divisions

LVMH recorded EUR 57.1 billion in revenue for the first nine months on October 12, 2026.
Fashion and leather goods revenue reached EUR 26.4 billion in the first nine months, while third-quarter organic revenue fell 5 percent.
LVMH stock trades at EUR 393.43 at 9:12 a.m. CEST at Lang & Schwarz on October 20, 2026.
LVMH reported adjusted earnings per share of EUR 11.52 for the first half on July 27, 2026.

Dark green unlabeled champagne bottle with two crystal flutes on white marble — LVMH FR0000121014 zeigt eine dunkle Champagnerflasche mit Sektgläsern auf weißem Marmor fotorealistisch, Illustration mit AI erstellt.

LVMH Moët Hennessy Louis Vuitton (FR0000121014) recorded EUR 57.1 billion in revenue for the first nine months of 2026, with organic growth of 2 percent. The result dated October 12, 2026 showed a sharp split between resilient retail and jewelry demand and weaker fashion sales in China, according to LVMH.

Revenue growth stays modest

The third quarter generated EUR 18.5 billion in revenue and 1 percent organic growth. Reported revenue for the first nine months declined 2 percent from EUR 58.1 billion in the comparable period, while organic revenue increased 2 percent.

The pressure was concentrated in Fashion and Leather Goods. The division produced EUR 26.4 billion in revenue during the first nine months, down 2 percent organically, and its third-quarter organic revenue fell 5 percent. By contrast, Watches and Jewelry grew 6 percent organically in the quarter, while Selective Retailing rose 8 percent.

What does the 5 percent decline mean?

The division remains LVMH's largest revenue contributor, so its performance carries more weight than the positive figures in smaller businesses. The official release linked the third-quarter slowdown to weaker demand in China, while the United States, Europe and Japan delivered growth. That makes geographic mix the central test for the next update.

Three dated milestones for LVMH

On January 4, 2026, LVMH's investor materials listed EUR 80.8 billion in fiscal 2025 revenue and EUR 10.9 billion in net profit attributable to the group, according to LVMH. On July 27, 2026, first-half revenue reached EUR 38.6 billion and adjusted earnings per share were EUR 11.52, according to Simply Wall St. The October 12, 2026 release then showed EUR 57.1 billion in nine-month revenue and 2 percent organic growth.

Stock price and valuation context

LVMH's market capitalization was EUR 193.9 billion on October 20, 2026. The 52-week range was EUR 375.65 to EUR 654.70, placing the current euro quote near the lower end of that interval.

LVMH was trading at EUR 393.43 at Lang & Schwarz on October 20, 2026 at 9:12 a.m. CEST. The quote came before the main French session had developed, while the latest operating figures left investors weighing broad-based retail growth against the 5 percent fashion decline.

The further course of trading is shown by the continuously updated real-time quote of LVMH Moët Hennessy Louis Vuitton stock.