LRLCY News and Press, L'Oreal S.A. ADR From 05/21/21

New CEO Catherine MacGregor actively promotes ENGIE’s simplification and a big focus on renewables. Huge renewables expansion but more focus especially on offshore wind and smaller geographical profile. ENGIE reasserting a long history in the gas industry, although seeking ...

We are downgrading our rating on L'Oréal to Neutral due to valuation, after the stock gained 43% in 15 months to reach a new record. With shares now trading at near 50x 2020 EPS (and 45.8x 2019 EPS), a de-rating will likely offset most of the near-10% EPS CAGR we assume. As t...

Despite an awful share price reaction, earnings release was not that bad. Long-term prospects remain intact and very attractive. Valuation seems expensive but value creation should provide upside over time. For further details see: Estee Lauder Stock: Is It A Buy After R...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Naked Brand  (NASDAQ: NAKD ) stock is up 243.7% year-to-date, defying logic. Source: Shutterstock If you ever needed to understand just how powerful the average retail investor has become, look no further th...

EL shares fell 7.9% on Monday after Q3 FY21 results disappointed, with an uneven sales discovery due to COVID resurgence in some regions. Group sales and EBIT exceeded pre-COVID FY19 figures, driven by Asia/Pacific and Skin Care each growing sales in the high 20s. Americas and EME...

Fisher’s 13F portfolio value increased from ~$133.5B to ~$142B in Q1 2021. They increased Walt Disney and Eli Lilly while trimming Taiwan Semi, JD.com, and Pinduoduo. Fisher has a number of small positions in several ETFs/ETNs. For further details see: Tracking Ke...

The Honest Company - the consumer products firm founded by actor Jessica Alba - has filed for a long-awaited initial public offering. The company lists a placeholder IPO value of $100M.It's seeking a ticker listing on Nasdaq under [[HNST]]. Lead underwriters include Morgan Stanley, J.P. Morga...

The COVID-19 public health crisis very quickly disrupted the luxury and beauty retail landscape by severely depressing consumer spending on beauty products. Stay-at-home lockdowns and face-mask mandates gutted the demand for make-up, for example. And it's not over. The resurgence of COVID-19 ...

L'Oréal shares hit a new record high this week, but we believe they can still provide a high-single-digit annualized return in the next 4 years. Against a pre-COVID prior year, sales grew 4.8% organically in Q4; including FX, H2 sales were 1.0% down but EBIT was 7.2% higher. ...

Despite COVID-19, EL achieved a record EBIT in Q2 FY21 (Q4 CY20), and sales were flat organically compared with an unaffected prior year. The strength was primarily driven by China; the U.S., Europe, and Travel Retail were still weak, meaning there is more to come in a full recovery. ...