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Consumers of L'Oreal SA(OTCPK:LRLCY) products are not feeling the sting of inflation so far, according to the firm’s CEO Nicolas Hieronimus. During a panel event at the World Economic Forum in Davos, Switzerland attended by Reuters reporters, Hieronimus said he has seen “no impa...
L’Oréal (OTCPK:LRLCY) is launching the third installment of its Employee Share Ownership Plan, per CEO Nicolas Hieronimus. “After the success of the first two operations in 2018 and 2020, which enabled some 30,000 employees to demonstrate their commitment and confidence in ...
Fisher's 13F portfolio value decreased from ~$179B to ~$165B in Q1 2022. Nvidia, Intuit, Broadcom, Verizon, Uber, AMD, & Meta Platforms were increased while reducing Intel, Walmart, Walt Disney, Cisco, UnitedHealth, Starbucks & Visa this quarter. The top three positions ar...
EL shares fell 5.8% on Tuesday after disappointing results. Organic sales growth was 9% last quarter and expected to be 5-7% for FY22. The reason was China, where COVID lockdowns have reduced in-store sales and disrupted EL's national distribution centers in Shanghai. EL sales gro...
As high-multiple tech stocks have reeled, many investors have understandably fled to safer pastures in consumer staples stocks. Indeed, the staples sector has outperformed for months, with a more pronounced bifurcation in trajectory appearing in recent trading sessions. The sector has clearly...
L’Oreal S.A. (OTCPK:LRLCF) reported like-for-like sales increased 13.5% year-over-year in Q1 to top estimates on strong demand across various product categories. Like-for-like sales were up 13.9% for the quarter and total sales rose 19.0%. As expected, L'Oreal (LRLCF) warned during the...
L'Oreal (OTCPK:LRLCF) reports Q1 like-for-like sales up 13.5% or +19% on a reported basis to €9.06B, consumer behavior unaffected by inflation. Sales in North America expanded 21.5% and Latin America surged 33.9%. CEO comment: "While mindful of volatility and uncertainty, we remai...
Deutsche Bank reiterated a Buy rating on L'Oreal (OTCPK:LRLCF) after the conflict in Ukraine took away the broad narrative that the stock would benefit from a rotation into value stocks. Instead, L'Oreal is down almost 19% year-to-date to underperform the S&P 500 Index. Analyst Tom Sykes:...
We are upgrading our rating on L'Oréal, after shares fell 22% from their peak, back to 5% below the level at our previous downgrade. With structural market growth in Beauty, L'Oréal sales growing faster than market and margins expanding, we expect an EPS CAGR near 10%. 2...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Although optimism is usually a desirable trait to have, unfettered positivity can risk leaving you blind to basic realities. As an investor, you’ve got to read the room and respond appropriately, whether to advantage...
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According to McKinsey Consulting, the beauty industry saw its sales halve on a year over year basis. McKinsey predicts global revenue will fall by up to 30% during 2020. But consumers are still buying beauty products and the industry is adapting to the COVID-19 era. Ironically, this pretty indus...
The presented market story on the Eye Essence Market announced via Market.us is a comprehensive analysis of the leading parameters that are likely to determine the growth of the eye essence market in the forthcoming decade. Further, the study dives in deep to examine the micro and macro-econom...