LVMH Moët Hennessy Louis Vuitton, FR0000121014

LVMH reports 2 percent organic growth: LVMH stock gains 1.21 percent

Published on 10/26/2026 at 10:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nine-month revenue reached EUR 57.10 billion, up 2.00 percent organically. LVMH stock costs EUR 387.53 on October 26, 2026, 1.21 percent above Xetra close.

Growth and analyst signals

LVMH recorded EUR 57.10 billion in revenue for the first nine months of 2026 on October 12, 2026.
Fashion and Leather Goods generated EUR 26.39 billion in nine-month revenue, down 2.00 percent organically.
LVMH stock trades at EUR 387.53 at 10:05 a.m. CET at Lang & Schwarz on October 26, 2026, 1.21 percent above the Xetra close of October 23, 2026.
BNP Paribas Exane reduced its target from EUR 470.00 to EUR 465.00 on October 21, 2026.

Watercolor illustration of Parisian boulevard with glowing luxury boutique windows at dusk — LVMH FR0000121014 Aquarell eines Pariser Boulevards mit goldenen Boutiquen und Spiegelungen im Abendregen, Illustration mit AI erstellt.

LVMH Moët Hennessy Louis Vuitton (ISIN FR0000121014) was trading at EUR 387.53 at Lang & Schwarz on October 26, 2026, 1.21 percent above the Xetra close of October 23, 2026. The luxury group recorded EUR 57.10 billion in revenue for the first nine months of 2026, with organic growth of 2.00 percent, according to LVMH on October 12, 2026.

Revenue growth stays uneven

The headline figure masks a sharp divide between LVMH's business groups. Fashion and Leather Goods generated EUR 26.39 billion in the first nine months, down 2.00 percent organically, while Watches and Jewelry grew 8.00 percent to EUR 7.73 billion over the same period, according to the company release.

Third-quarter revenue was EUR 18.50 billion, up 1.00 percent organically from the prior-year period. The company said China weighed on Fashion and Leather Goods, while the United States, Europe and Japan delivered growth. Selective Retailing grew 6.00 percent organically in the first nine months, reaching EUR 12.48 billion.

Three dates show the reset

The recent chronology is clear. On January 27, 2026, LVMH reported EUR 80.81 billion in fiscal-year 2025 revenue through its investor materials. On July 27, 2026, second-quarter revenue was EUR 19.52 billion, according to MarketScreener. On October 12, 2026, third-quarter revenue reached EUR 18.50 billion, the latest event in the sequence.

What does the 2 percent growth mean?

The answer is mix rather than acceleration. Watches and Jewelry and Selective Retailing expanded organically, but Fashion and Leather Goods contracted 2.00 percent over the first nine months. The result leaves investors weighing resilient geographic demand against weaker Chinese luxury consumption.

Analyst expectations also became more cautious. BNP Paribas Exane kept a neutral rating but lowered its target from EUR 470.00 to EUR 465.00 on October 21, 2026, according to Ideal Investisseur. The target is EUR 77.47 above the Lang & Schwarz price, or 20.00 percent higher when measured against the current euro quote.

Dividend date is next

The next dated shareholder event is the EUR 5.50 ex-dividend date on December 1, 2026, listed in LVMH's financial calendar on MarketScreener. For investors, the key test is whether the stronger jewelry and retail businesses can offset the pressure on the group's largest division.

Stock trades above the Xetra close

LVMH's market capitalization was EUR 190.7 billion on October 26, 2026, while its 52-week range stood at EUR 375.65 to EUR 654.70. The further course of trading is shown by the continuously updated real-time quote of LVMH Moët Hennessy Louis Vuitton stock.