LVMH Reports Modest Organic Growth for Q3 2026
LVMH's third-quarter 2026 results show modest organic revenue growth of +1% for the quarter and +2% for the first nine months, totaling EUR 57,148 million. The Watches & Jewelry division demonstrated a positive trend with +6% organic growth in Q3 2026 and +8% over the first nine months, generating EUR 7,725 million. This growth occurred despite a challenging business environment and a decline in the Fashion & Leather Goods division.
- Organic revenue growth: +1% in Q3 2026, +2% over first nine months
- Total revenue: EUR 57,148 million
- Watches & Jewelry organic growth: +6% in Q3 2026, +8% over first nine months
- Watches & Jewelry revenue: EUR 7,725 million
The Watches & Jewelry division showed positive organic growth of +8% for the first nine months of the year and +6% in Q3 2026.
LVMH's overall organic revenue growth was +1% in Q3 2026 and +2% for the first nine months.
The Fashion & Leather Goods division experienced negative organic growth of -5% in Q3 2026 and -2% over the first nine months.
Regional performance in Q3 2026 was impacted by a less buoyant environment in China, while the United States, Europe, and Japan saw good growth.
LVMH does not break down individual brand performance within the Watches & Jewelry division.