LVMH at 52-Week Low as Christie's Posts $1.1B Night

June 1: LVMH at 52-Week Low as Christie's Posts $1.1B Night============================================================Four publicly traded luxury houses and what the $1.8 billion spring auction season means for their stock.Tickers covered: MC.PA | CFR.SW | RACE | BRBY.L | ZGNIn this episode:LVMH (MC.PA — Euronext Paris)- Stock: EUR 473, down 26% YTD- 52-week range: EUR 436.55 – EUR 654.70- Q1 revenue: EUR 19.1B, down 6% YoY- Christie's spring evening session: $1.1B- Top lot: Jackson Pollock "Number 7A, 1948" at $181MRichemont (CFR.SW — Swiss Exchange)- FY2026 sales: EUR 22.4B, up 11% at constant rates- Net profit: EUR 3.5B, up 27%- Jewelry maisons (Cartier, Van Cleef, Vhernier): EUR 16.5B at 30.5% margin- Watchmakers: EUR 3.1B, down 4%- Shares reached record high CHF 161.80- Sotheby's High Jewelry: $31.4M, 95% sell-through- June 9: 73.11-carat Fancy Vivid Yellow diamond by Glenn SpiroFerrari (RACE — NYSE)- Q1 revenue: EUR 1.85B, up 3%- Deliveries: 3,436 units, down 4.4% (deliberate slowdown)- FY2026 guidance: ~EUR 7.5B reaffirmed- Bonhams The Market: 2009 Ferrari California ~$34,000Burberry (BRBY.L — LSE)- FY2026 adj. operating profit: GBP 160M (prior year: GBP 26M)- Americas and China: +10%- Stock dropped ~7% on results day (Europe/Middle East weak)- Net zero target delayed from 2040 to 2050- BRBY up 17% over 12 monthsWeek ahead:- Zegna (ZGN) runway show in Los Angeles, Friday- RM Sotheby's boutique auction, Bavaria, Thursday-Friday- Sotheby's Magnificent Jewels, New York, June 9Links:- ALT/FNDATA: https://www.altfndata.com- Richemont FY2026 results: https://www.richemont.com/news-media/press-releases-news/richemont-delivers-strong-sales-growth-and-solid-results-for-the-year-ended-31-march-2026/- Ferrari Q1 2026 earnings: https://qz.com/ferrari-q1-2026-earnings-beat-guidance-ev-luce-050526- Burberry net zero delay: https://www.businessoffashion.com/news/sustainability/burberry-delays-net-zero-emissions-target-by-10-years-to-2050/- Sotheby's High Jewelry results: https://www.sothebys.com/en/articles/sothebys-sale-of-high-jewelry-in-new-york-achieves-31-4-million-95-lots-soldAlso from ALT/FNDATA:- Open Bid — Mon-Fri at 6 AM ET: Your daily briefing on global auctions and luxury alternative assets