L’Oreal Sales Disappoint as Chinese Demand Remains Weak
L’Oreal SA posted disappointing fourth-quarter sales after cosmetics demand in the US failed to make up for persistent weakness in China. The company’s shares fell.Sales overall rose 2.5% on a comparable basis in the period,
L'Oreal CEO bullish on US as China sales stay weak
Cosmetics giant L'Oreal is upbeat on the United States for the year ahead, it said on Friday, even as its shares were dragged down by its slowest quarterly sales since the height of the pandemic, following weak Chinese demand.
L’Oreal Posts Increased Sales Despite Decline in China
The French beauty giant said its sales amounted to €43.48 billion in 2024, up 5.6% on-year and 5.1% on a like-for-like basis.
L'Oreal looks to U.S. ‘land of opportunity' as China disappoints
The world’s largest beauty group L’Oreal said Friday that it plans to become less dependent on the Chinese consumer for growth, instead targeting burgeoning opportunities in the U.S. market.
L’Oreal sales slightly miss in fourth quarter as China weakness persists
French cosmetics giant L'Oreal on Thursday reported a lower than expected increase in fourth-quarter sales amid continued weakness in the Chinese beauty market.
L’Oréal shifts focus from China to a ‘land of opportunity’: here’s why
L’Oreal SA (EPA: OR) seems to have had enough disappointments out of China. For future growth, the beauty giant now plans on turning to the United States which it called a “land of opportunity” on its earnings call last night.
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L’Oréal 2024 sales rise and heiress Françoise Bettencourt Meyers steps down from board
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$76 billion L’Oréal heiress steps down from board after 28 years
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Reneé Rapp Is the Newest L'Oréal Paris Ambassador: 'I Like Being in Good Company' (Exclusive)
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L'Oreal quarterly sales grow at slowest since Covid pandemic
French cosmetics group L'Oreal has reported the slowest quarterly rise in growth since the height of the pandemic, missing ...
L’Oréal Q4 Sales Rise 2.5%, Miss Expectations
L’Oréal sales for full-year 2024 reached 43.49 billion euros, a 5.6 percent rise in reported terms and 5.1 percent on a ...