LVMH reported its financial results for the third quarter of 2026, highlighting a 6% growth in the Watches and Jewelry segment. Despite challenges, the group saw a 1% overall revenue increase.
LVMH Overall Financial Performance
French conglomerate LVMH has released its financial results for Q3 2026. The group's organic revenue growth was +1% in the third quarter and +2% for the first nine months, with total revenue reaching €57,148 million. These figures indicate moderate growth amidst a challenging business environment.
All divisions reported growth except for the Fashion and Leather Goods segment, which saw an organic decline of -5% in Q3 2026 and -2% over the first nine months, with €26,391 million in revenue.
Regional Performance in Q3 2026
LVMH noted that its performance in the third quarter was affected by a less favorable economic climate in China. However, there was strong growth observed in the United States, Europe, and Japan.
How Did the Watches and Jewelry Segment Perform?
The Watches and Jewelry segment showed positive momentum, achieving an organic growth of +8% over the first nine months, translating to €7,725 million in revenue, and +6% in Q3 2026.
LVMH Stock Market Performance
Since the start of the year, LVMH shares have dropped approximately 40% on the Paris Stock Exchange. On Monday, October 12, preceding the financial results announcement, the share price was €384.5.
Frequently Asked Questions
How much did LVMH's Watches and Jewelry segment grow in Q3 2026?
LVMH's Watches and Jewelry segment reported a 6% organic growth in the third quarter of 2026.
What was LVMH's total revenue for the first nine months of 2026?
LVMH achieved a revenue of €57,148 million in the first nine months of 2026.
How did LVMH's Fashion and Leather Goods segment perform?
The Fashion and Leather Goods segment experienced a decline of 5% in Q3 2026 and 2% over the first nine months.