Earnings season is finally back, with LVMH showing a solid first quarter with 29% revenue growth compared to Q1 2021. Fashion & Lather reported the highest revenue growth, and it's also their best margin business, with a 41.6% operating margin in 2021. It should be accretive to the overall margin in the first half of 2022.
Earnings season is finally here!
Earnings season is finally here!
Earnings season is finally here!
Earnings season is finally back, with LVMH showing a solid first quarter with 29% revenue growth compared to Q1 2021. Fashion & Lather reported the highest revenue growth, and it's also their best margin business, with a 41.6% operating margin in 2021. It should be accretive to the overall margin in the first half of 2022.