Tag Archives: quarterly

L’Oréal Stories Slowest Quarterly Gross sales Development Since Pandemic Amid China Weak spot

L’Oréal Stories Slowest Quarterly Gross sales Development Since Pandemic Amid China Weak spot

THE WHAT? L’Oréal’s fourth-quarter gross sales rose 2.5%, marking its slowest development since 2020 and lacking analyst expectations of 4.4%. THE DETAILS   This fall gross sales reached €11.08 billion (US$11.49 billion), up 2.5% on a like-for-like foundation, down from 3.4% development in Q3. North America’s development slowed to 1.4%, effectively under the 5.2% development in […]

L’Oréal quarterly gross sales disappoint amid China’s market turmoil

L’Oréal quarterly gross sales disappoint amid China’s market turmoil

French cosmetics big L’Oréal reported an increase in third quarter gross sales on Tuesday, October 22, that missed expectations. Gross sales for the three months to the top of September had been EUR 10.28 billion (USD 11.11 billion), up 3.4% on a like-for-like foundation at fixed alternate charges. The group mentioned the turmoil in Chinese […]