Streetbeat News

LRLCY

L`Oreal

http://www.loreal.fr/

CEO

Jean-Paul Agon

Industry

Soap and Other Detergent Manufacturing

Open

74.40

Mkt cap

196B

Volume

22K

High

74.86

P/E Ratio

28.43

52-wk high

99.65

Low

73.11

Div yield

0.02

52-wk low

66.64

L'Oreal has entered into a partnership with fashion label Jacquemus, acquiring a minority stake in the company. This move is part of L'Oreal's strategy to expand its influence in the fashion and beauty sectors.

Portfolio Pulse from

February 07, 2025 | 8:15 am

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.

Portfolio Pulse from

February 06, 2025 | 5:30 pm

L'Oréal is set to raise €3 billion by selling 29.6 million shares back to Sanofi, aiming to optimize its balance sheet following recent acquisitions.

Portfolio Pulse from

February 03, 2025 | 11:45 am

L'Oréal and Sanofi have reached an agreement for Sanofi to repurchase 2.3% of its own shares currently held by L'Oréal. This transaction may impact Sanofi's stock price and financial strategy.

Portfolio Pulse from

February 03, 2025 | 6:45 am

L'Oréal is highlighted as a strong long-term investment due to its market presence, diverse brand portfolio, and consistent returns. The company's focus on innovation and operational excellence positions it well for continued growth, even amid economic cycles.

Portfolio Pulse from

December 28, 2024 | 10:45 am

L'Oréal's stock has declined due to recent weakness in China, presenting an attractive entry point for investors. Despite the challenges, the company is still considered a premium business with potential for returns aligned with EPS growth and dividends.

Portfolio Pulse from

December 21, 2024 | 4:45 am

L'Oreal is in final talks to acquire Gowoonsesang Cosmetics, a South Korean skincare business owned by Mibelle Group, a unit of Swiss retailer Migros.

Portfolio Pulse from

December 20, 2024 | 5:30 pm

L'Oreal reported a 2.4% decline in Q2 North Asia comparable sales, missing the estimated decline of 0.62%.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 4:03 pm

L'Oreal's CEO reported that luxury make-up sales are growing in double digits, while luxury skincare is impacted by a slow rebound in China. The mass market in China saw more acceleration in Q1 compared to the U.S., with a slowdown in luxury segments.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 5:11 pm

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.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 4:04 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.