LVMH 3Q Rev., Organic Sales Growth Miss Ests.
LVMH 3Q total rev. EU7.02b, est. EU7.24b (median of 15). * 3Q overall organic sales growth up 8%, est. 10% (median of15) * In 3Q Wines & Spirits, Watches & Jewelry units both accelerated growth rates vs 1H, performance of other groups comparable to start of 2013 * Outlook: Remains "confident" for 2013 * 9-mo. total rev. EU20.7b, est. EU20.93b (median of 14) * 9-mo. overall organic sales growth 8%, est. 9% (median of 13); in 1H up 8% * 9-mo. Wines & Spirits organic sales growth 7%, est. 5%(median of 13) * 9-mo. Fashion & Leather Goods organic growth 4%, est. 6% (median of 13), in 1H up 5% * 9-mo. Perfumes & Cosmetics organic growth 5%, est. 7% (median of 13) * 9-mo. Watches & Jewelry organic growth 3%, est. 2.2% (medianof 13) * 9-mo. Selective Retailing organic growth 19%, est. 19% (median of 13)