|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||766.54 - 778.38|
|52-week range||464.66 - 844.90|
|Beta (5Y monthly)||0.93|
|PE ratio (TTM)||35.28|
|Forward dividend & yield||7.24 (0.93%)|
|Ex-dividend date||20 Apr 2021|
|1y target est||N/A|
Pauline Brown, Former LVMH Chairman of North America and Author of 'Aesthetic Intelligence’, joins Yahoo Finance to discuss the state of luxury retail, sales growth, and supply chain issues.
Sales at the French group’s fashion and leather goods division jumped 38% to €7.4bn on an organic basis compared to the same period in 2019.
Shares in LVMH were flat in early trading on Wednesday after the French luxury giant posted a strong rise in sales in its fashion and leather goods division in the third quarter. LVMH, whose luxury products span Moët & Chandon champagne and Bulgari timepieces, said on Tuesday the popularity of its star labels Louis Vuitton and Dior helped its fashion and leather goods division, which accounts for nearly half of group sales, to report 24% growth. LVMH shares opened up 0.4% after the opening bell before falling flat in early trade, outperforming the broader French stock market.