Lvmh Moet Hennessy Louis Vuitton SE

MC: XPAR (FRA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	€575.00	Cjk	Ycpssvxvw

LVMH: Sales Helped by Chinese Rebound Even As U.S. Demand Moderates

Jelena Sokolova

Apr 13, 2023

We are increasing our fair value estimate for wide-moat LVMH to EUR 640 from EUR 590, as we incorporate the time value of money effect and slightly better expectations for 2023 sales and profits into our models.

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