L'Oréal S.A. (LRLCY)
| Previous Close | 69.03 |
| Open | 68.82 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 68.49 - 69.32 |
| 52 Week Range | 62.39 - 97.48 |
| Volume | |
| Avg. Volume | 176,093 |
| Market Cap | 184.923B |
| Beta (5Y Monthly) | 0.59 |
| PE Ratio (TTM) | 39.86 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 1.01 (1.43%) |
| Ex-Dividend Date | Apr 25, 2022 |
| 1y Target Est | N/A |
- Motley Fool
3 Reasons to Buy L'Oréal Stock, and 1 to Sell
L'Oréal (OTC: LRLCY) is often considered a dependable blue-chip stock for long-term investors. Over the past 10 years, the French cosmetics giant generated a total return of about 250% and easily outperformed its American competitors, Revlon (NYSE: REV) and Coty (NYSE: COTY).
- Reuters
Puig buys contemporary fragrance label Byredo
Spanish fashion and perfume company Puig said on Tuesday it has purchased a majority stake in luxury label Byredo, the latest in a string of acquisitions of niche fragrance and cosmetics labels by larger groups. The transaction comes as cosmetics and fashion groups rush to meet demand for high-end perfumes and accessories -- a market that has performed strongly in recent months, with companies like L'Oreal flagging strong growth in sales of its luxury products. Barcelona-based Puig, which owns fashion labels Jean Paul Gaultier and Paco Rabanne as well as British makeup brand Charlotte Tilbury, said that Byredo founder Ben Gorham would continue to steer creative direction of the brand while UK-based investment fund Manzanita Capital would stay on as investors.
- Reuters
UPDATE 2-L'Oreal flags firm demand for high end beauty products as first-quarter sales rise 13.5%
Cosmetics group L'Oreal beat expections for first-quarter sales growth on Tuesday, batting away concerns about lockdowns in China and inflation as consumers snapped up high-end beauty products in its key markets. “We are not even close to experiencing a luxury down-turn, we see many people that are affluent and even the middle classes want to indulge,” L’Oreal chief executive officer Nicolas Hieronimus told analysts in a call. “The overall demand for luxury products and premiumized products is very high – the market is premiumizing overall,” he added.
