LVMH Earnings to Test Luxury Sector’s Nerves After Tariff Pain

Investors seeking insight into the potential impact of Donald Trump’s tariffs will scrutinize any comments on the subject from luxury bellwether LVMH after European markets close on Monday.

The Louis Vuitton owner is one of the first major companies to report first-quarter results, against a backdrop of falling earnings estimates and a violent equity selloff sparked by Trump’s trade war. A January rally in luxury stocks is now a distant memory, with an industry basket compiled by Goldman Sachs Group Inc. having shed more than $200 billion from its February peak.