LVMH earnings show pressure from luxury slowdown

) are dropping on Wednesday morning after the company posted its second quarter earnings, slightly missing sales estimates of $22.7 billion versus an expected $23 billion. The figures out from the Dior and Marc Jacobs parent company could be signaling more challenging conditions for the luxury goods market.

While wines and spirits, watches and jewelry both declined, the company did announce an interim dividend to be paid to shareholders in December. According to a market research study published by Custom Market Insights, the demand analysis of US Buy Now Pay Later Market size & share revenue was valued at approximately USD 33.2 Billion in 2023 and is expected to reach USD 36.4 Billion in 2024 and is expected to reach around USD 145.7 Billion by 2033, at a CAGR of 21.3% between 2024 and 2033. The key market players listed in the report with their sales, revenues and strategies are Affirm Holdings Inc.

ARHT Media Inc. Issues Shares Related to Semi-Annual Interest Payment on Secured Subordinated Debentures

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stock market today: With US markets closed, Asian shares slip and European shares gainBANGKOK (AP) — Asian shares were mostly lower on Friday after solid gains in Europe overnight, while U.S. markets were closed for the July 4th holiday.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Tesla, Alphabet, LVMH under pressure on earnings: 3 ThingsTesla (TSLA) stock is falling in pre-market trading after reporting mixed second-quarter earnings results on Tuesday, expecting a 'notably lower' growth rate...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »