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via finance.yahoo.comBusiness & Companies

L'Oréal stock jumps as third-quarter sales beat estimates

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- L'Oréal shares surged 4% after the French beauty group reported third-quarter sales that comfortably exceeded analyst expectations, with growth accelerating across all four divisions and most regions. Still guessing which stocks will beat the market? Our AI…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishQuarterly sales above consensus across all four divisions signal accelerating growth for the beauty group.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01L'Oréal sales rose 12% year over year to €11.56 billion in the quarter to September.
  2. 02Like-for-like sales growth reached 7.7%, above the 5.43% expected by analysts.
  3. 03Professional Products and Dermatological Beauty each delivered 13.9% like-for-like growth.
  4. 04The shares surged 4%.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
L'Oréal S.A.OR.PAStock413.00 EURMarket closedtoday +1.80%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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