L'Oreal Q1 Sales €11.24 Billion, +9.4% Like-For-Like; Q1 Sales In North America +12.3% Like-For-Like At €3.02 Billion
Portfolio Pulse from Benzinga Newsdesk
L'Oreal reported a 9.4% like-for-like sales growth in Q1, reaching €11.24 billion. North America sales grew by 12.3% like-for-like, totaling €3.02 billion.
April 18, 2024 | 4:04 pm
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POSITIVE IMPACT
L'Oreal's Q1 report shows significant like-for-like sales growth, especially in North America.
The reported sales growth, particularly the strong performance in North America, is likely to be viewed positively by investors, potentially leading to a short-term uptick in L'Oreal's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100