Thursday, January 19, 2023

French Luxury Goods Giant LVMH Louis Vuitton Reported US Region Organic Revenue Growth of +26% For the Sept 2022 Quarter, +22% For the June 2022 Quarter and +11% For the March 2022 Quarter. Europe Region Organic Revenue Growth Was +45% For the Sept 2022 Quarter, +48% For the June 2022 Quarter and +36% For the March 2022 Quarter.

Organic Revenue growth eliminates foreign currency effects.  In substance, there are two elements to organic growth ..... price increases and volume changes.

LVHM did not report its pricing and volume elements for its 2022 quarters.  The only mention of pricing increases was that it said that it had a very firm price increase policy in its Wine & Spirits segment.

Given how huge LVMH's organic Revenue growth was in both its US Region and especially so in its Europe Region in both the second and third quarters of 2022, any reasonable breakdown of this organic growth between Price Increases and Volume impacts should yield double-digits % increases for pricing in both the US Region and especially so in the Europe Region for both the second and third quarters of 2022.

LVMH Louis Vuitton Third Quarter 2022 Revenue