L'Oreal sales slightly miss in fourth quarter as China weakness persists
Portfolio Pulse from
L'Oreal reported lower-than-expected fourth-quarter sales due to continued weakness in the Chinese beauty market and a slowdown in U.S. demand. Sales were 11.08 billion euros, slightly below the estimated 11.1 billion euros.
February 06, 2025 | 5:30 pm
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L'Oreal's Q4 sales were slightly below expectations due to challenges in China and the U.S., impacting investor sentiment.
L'Oreal's sales miss was primarily due to external market conditions in China and the U.S., which are significant markets for the company. This could lead to a short-term negative impact on the stock price as investors react to the sales figures being below expectations.
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