KEY TAKEAWAYS Luxury giant LVMH eked a small gain in 2024 sales, underwhelming investors following buoyant results from rivals that signaled a turnaround for the sector.Sales last year marked a 1% organic gain over the previous year and a 2% drop reported.

Luxury stocks trade lower after giant LVMH shows improvement in sales, but nevertheless left analysts underwhelmed.

LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt over a broader sector recovery.