Key facts: Morgan Stanley forecasts LVMH profit decline; shares drop 2.75%

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2026.01.23 02:03
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Morgan Stanley predicts LVMH's Wines & Spirits profits will fall short of expectations for 2025 and 2026, due to declining champagne shipments and weak domestic demand in France.1LVMH traded about 2.75% lower than last Friday's close, affected by market shifts after President Trump's tariff reversal, amid ongoing investor uncertainty despite a broader European equity rally.2LVMH Moët Hennessy Louis Vuitton has initiated a long position in the H-shares of China Tourism Group Duty Free Corp, as reported on January 19.3