L'Oreal's China Sales Recovery Cushions North America Weakness -- Market Talk
Dow Jones
Apr 22, 2025
0728 GMT - L'Oreal's quarterly sales performance reflects a faster-than-expected recovery in China, offsetting a sharper slowdown in North America, Baader Helvea Research analyst Jie Zhang says in a note. The French beauty conglomerate expects the Chinese beauty market to have turned flattish from the mid-single-digit decline in 4Q, the analyst says. L'Oreal outperformed in luxury and dermo-cosmetics, whereas its consumer products division lagged, facing tougher competition, she says. Shares rise 2.2% to 349.35 euros.(helena.smolak@wsj.com)
(END) Dow Jones Newswires
April 22, 2025 03:28 ET (07:28 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.