LVMH (MC FP) Q1 2026 (EUR): Total revenue 19.12bln (exp. 19.49bln); Fashion & Leather organic sales -2% (exp. -0.05%)

LVMH's Q1 2026 results missed expectations across several key segments, notably in Fashion and Leather goods, which saw a notable decline in organic sales.

Newsquawk StaffPublished 13 Apr 2026, 16:05 UTCOn the live feed at 15:45 UTC — 7 more headlines followed before this page went public

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15:50

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15:48

Texas Attorney General launches probe into Lululemon (LULU) over potential presence of toxic ‘forever chemicals’ in activewear

15:45

LVMH (MC FP) Q1 2026 (EUR): Total revenue 19.12bln (exp. 19.49bln); Fashion & Leather organic sales -2% (exp. -0.05%)

15:43

Iran Lawmaker says a draft bill “Strategic Action for the Security of the Strait of Hormuz,” aims to redefine Passage rules through the key waterway

15:43

Iran Defence Ministry spokesperson says any military intervention by foreign powers in the security of the Strait of Hormuz would escalate the crisis and instability in global energy security

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Q1:

Fashion and Leather goods sales 9.25bln (exp. 9.46bln).
Perfumes and cosmetics sales 2.04bln (exp. 2.10bln).
Watches and jewellery sales 2.44bln (exp. 2.46bln).
Selective retailing sales 4.05bln (exp. 4.19bln).
Wines and Spirits sales 1.27bln (exp. 1.23bln).

Commentary:

Middle East conflict also impacted tourist spending in Europe.
US demand is holding up despite middle East conflict.
Middle East conflict had a negative impact of around 1% on Q1 organic growth.
China improved further, trading during Chinese new year was good.

Context

This underperformance, coupled with commentary on the impact of the Middle East conflict on European tourist spending, suggests potential headwinds for the luxury sector, even as demand in the US remains stable and China shows signs of recovery. The market will likely reassess LVMH's growth drivers and outlook amidst these mixed signals.

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