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via finance.yahoo.comBusiness & Companies

L'Oreal sees double-digit sales growth in third quarter

FROM THE WIRE · FINANCE.YAHOO.COM

L'Oreal managed to boost sales in the third quarter, including China (Hector RETAMAL) L'Oreal said Thursday its third quarter sales rose by double digits as the French cosmetics giant appeared to have dodged the stagnation affecting much of the luxury industry. The company…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishQuarterly sales beat expectations at a major cosmetics group, with growth across all divisions.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Third-quarter sales rose 11.9% year on year to 11.6 billion euros.
  2. 02The result handily beat analyst expectations.
  3. 03CEO Nicolas Hieronimus called the performance exceptional.
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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