Fenty Beauty is owned by LVMH Louis Vuitton Moet Hennessy, a luxury goods global conglomerate with 75 subsidiaries.

​

Current financial values:

• Share price: 885 euros

• 52 week range: 535.00 - 894.90 euros

• EPS: 28.05

• 2022 revenue: 79.2 billion euros

• Market cap: 488,921.37 million euros

• Gross profit: 54.2 billion euros

• Financial  analysts’ recommendations are in consensus to buy, with 23 recommendations to buy, 4 to hold, and 1 to sell.

​

The company boasted a 21 billion euro revenue in Q1 2023, up 17% when compared to Q1 2022. The perfumes and cosmetics category in particular contributed 2 billion in revenue, up 11% when compared to Q1 2022. The earnings report notes that Fenty Beauty “showed strong progress following Super Bowl marketing impact.” Sephora, the beauty retailer home to Fenty Beauty, also saw “strong growth, especially in North America, Europe, and the Middle East.”

 

LVMH issued a press release with the publication of its Q1 earnings report. The language used in the press release is confident, positive, and supportive. The words “exceptional”, “excellence”, and “excellent” are used a total of eleven times, including in the headline. There is a focus on growth, progress, and resilience. There is very little mention of challenges, albeit a vague reference to “an uncertain geopolitical and economic context.” The press release ends with an affirmation of LVMH’s position as a global leader and an appreciative mention of its teams, business, and global audience.

​

Various articles surrounding the earnings report go into further detail on the challenges and advantages that have constructed this quarter’s landscape for LVMH. The Wall Street Journal wrote an overwhelmingly positive article highlighting how a global return to pre-pandemic spending habits has bolstered LVMH’s growth in Q1. Articles by Fox Business, The Wall Street Journal, and Business Insider about the Arnault family’s restructuring and Bernard Arnault’s recent crowning as the richest man in the world are slightly more towards negative. These articles highlight the competitiveness of the LVMH brand and Arnault family. Articles by CNN and Reuters covering the French protests of LVMH are largely negative. This topic creates a conversation about the inequality between the extreme success of LVMH in the last quarter and the financial issues faced by French citizens.