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.
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
Unlock research summaries
Follow top, independent analysts
Receive personalised alerts
Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.