Overview

• Revenue rose 1% to €18.28 billion in the third quarter, marking the group’s first slight growth this year.
• LVMH’s CFO said mainland China turned positive in the quarter, with Asia excluding Japan showing noticeable improvement.
• Fashion and leather goods declined 2% year over year, improving from a 9% drop reported after the second quarter.
• The results beat a Visible Alpha consensus cited by HSBC that expected flat group sales and a 4% fall in fashion and leather.
• U.S.-listed shares gained about 7.5% as analysts flagged self-help measures, more accessible products and new creative momentum, even as tariffs, China’s property strain and rising precious-metal costs remain headwinds.