bearish

L'Oreal SA

Pair Trade:  L'Oreal / Shiseido

546 Views07 Feb 2024 13:16
L’Oreal is the largest beauty company in the world, with a 15% global market share.  The company has a very balanced profile in terms of geographical and category exposure.
Boomeranged on Mon, 12 Feb 2024 16:07
L'Oreal's share price declined by 7.6% on Feb. 9, due to a miss on 4Q23 sales (up 6.9% yoy vs. consensus of +9.5% yoy). This is in line with my thesis here.
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Steve Zhou, CFA
Analyst
Consumer Discretionary & Consumer StaplesEquity Bottom-UpThematic (Sector/Industry)
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