LVMH Moët Hennessy Louis Vuitton
reported strong earnings results on Wednesday—bucking concerns that wealthy shoppers have been scaling back in light of macroeconomic uncertainty.
LVMH (ticker: LVMH) posted first-quarter revenue of €21 billion, or $23 billion, across its six major business groups. This is a 17% year over year increase, and above analyst expectations for €20.1 billion, or $22 billion.
Source: https://www.barrons.com/articles/lvmh-earnings-revenue-bernard-arnault-bec31964?siteid=yhoof2&yptr=yahoo