Advertisement
Canada markets open in 5 hours 51 minutes

  • S&P/TSX

    22,011.72
    +139.76 (+0.64%)
     

  • S&P 500

    5,070.55
    +59.95 (+1.20%)
     

  • DOW

    38,503.69
    +263.71 (+0.69%)
     

  • CAD/USD

    0.7311
    -0.0010 (-0.13%)
     

  • CRUDE OIL

    83.45
    +0.09 (+0.11%)
     

  • Bitcoin CAD

    91,365.43
    +888.14 (+0.98%)
     

  • CMC Crypto 200

    1,419.47
    -4.63 (-0.33%)
     

  • GOLD FUTURES

    2,335.30
    -6.80 (-0.29%)
     

  • RUSSELL 2000

    2,002.64
    +35.17 (+1.79%)
     

  • 10-Yr Bond

    4.5980
    -0.0250 (-0.54%)
     

  • NASDAQ futures

    17,723.00
    +116.25 (+0.66%)
     

  • VOLATILITY

    15.76
    +0.07 (+0.45%)
     

  • FTSE

    8,082.66
    +37.85 (+0.47%)
     

  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     

  • CAD/EUR

    0.6838
    +0.0002 (+0.03%)
     

Maybelline maker L'Oreal beats forecasts with quarterly sales growth

Reuters
·1 min read

PARIS, Oct 22 (Reuters) - L'Oreal, the French company behind Lancome and Maybelline cosmetics, on Thursday said its sales had rebounded in the third quarter after falling sharply during coronavirus lockdowns, with comparable revenue turning positive again.

Sales in the July to September period were 7 billion euros ($8.27 billion), up 1.6% from a year earlier on a like-for-like basis, which strips out currency effects and acquisitions. Sales had dropped 19% year on year in the previous quarter.

Analysts had expected sales to improve but to remain down from the same period last year. ($1 = 0.8460 euros) (Reporting by Sarah White Editing by David Goodman)