0510 GMT - L'Oreal's acceleration in sales growth for the third quarter wasn't as strong as had been hoped, RBC Capital Markets analysts Wassachon Udomsilpa and James Edwardes Jones say in a note to clients. The French beauty group booked a 4.2% on-year increase in quarterly sales on a like-for-like basis to 10.33 billion euros. In the second quarter, the company logged a 2.4% increase in sales, excluding currency fluctuations. "The magnitude of improvement was underwhelming," the analysts say, noting that all segments, except the professional products division, missed expectations. Furthermore, the improvement seen in North Asia was also not enough to offset weakness relative to expectations in the Americas, they add. Paris-listed shares closed at 398 euros on Tuesday. (andrea.figueras@wsj.com)

(END) Dow Jones Newswires

October 22, 2025 01:10 ET (05:10 GMT)

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