Earnings

Brands See Q4 Revenue Rebound

LVMH (France) reported Q4 revenue rose 1% to €23.9 billion.  Full revenue fell 2% to €84.7 billion ($88 billion), with net profit down 17% to €15.2 billion.  Revenue for the fashion and leather goods group was down 3%, with profits falling 10%.

Levi’s (USA) reported Q4 net revenue rose 12% to $1.8 billion. Revenue increased in all markets with the Americas +12%, Europe +15% and Asia +9.  Revenue for other brands grew 10%.   Net income rose 44% to $183 million.  

VF Corp (USA) reported Q3 2025 revenue grew 2% to $2.8 billion.  Revenue in the Americas and Europe rose 1%, while APAC was up 5%. Operating income was $225.8 million compared with a loss of $91.4 million a year ago.

H&M (Sweden) reported Q4 revenue rose 3% to $5.5 billion (SEK 62,193 million), with operating profit up 7%.  Full year sales rose 1%, with operating profit up 19%.  In both Q4 and the full year, sales saw low single-digit growth in Europe, while inching down in the Americas (-7%), APAC, Oceania and Africa (-5%).  

Markets

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