Ferrari (RACE) Q1FY2026, LVMH(RACE) Q1 FY2026, LVMH ( RACE) Q1FY2026, LVMH (MC) Brand Disposals & Goyard's Pivot to Loud Luxury
Ferrari's Q1 FY2026 looked like a beat until CFO Antonio Picca Piccon flattened the H2 step-up that anchored the bull case on operating leverage, guidance held, but the cadence shifted and the stock closed -4%. LVMH, the conglomerate that defined luxury consolidation, is now...