LRLCY - L'Oréal S.A.
| Previous Close | 86.90 |
| Open | 86.37 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 86.26 - 86.71 |
| 52 Week Range | 58.38 - 97.64 |
| Volume | |
| Avg. Volume | 92,711 |
| Market Cap | 231.093B |
| Beta (5Y Monthly) | 0.67 |
| PE Ratio (TTM) | 37.88 |
| EPS (TTM) | 2.28 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 1.32 (1.54%) |
| Ex-Dividend Date | Apr 24, 2023 |
| 1y Target Est | 105.00 |
GlobeNewswireL’Oréal successfully prices a 2 Billion euro dual tranche bond
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA L’ORÉAL SUCCESSFULLY PRICES A 2 BILLION EURO DUAL TRANCHE BOND Clichy, 11 May 2023 – L’Oréal today announces that it has successfully priced a public bond offering for an aggregate nominal amount of €2.0 billion under a €5.0 billion EMTN program. The offering is composed of two tranches: - A €1.0 billion 2-year fixed rate bond paying a coupon of 3,125 % p.a. - A €1.0 bil
IPO-Edge.comSustainable Solutions from Collagen to Tory Burch: Hear from Modern Meadow CEO, Live From NYSE Floor
IPO Edge hosted a fireside chat from the floor of the New York Stock Exchange with Catherine Roggero-Lovisi, CEO of Modern Meadow. Ms. Roggero-Lovisi spoke with IPO Edge Editor-in-Chief John […]
ZacksL'Oreal SA (LRLCY) Upgraded to Buy: What Does It Mean for the Stock?
L'Oreal SA (LRLCY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Motley FoolL'Oréal's Latest Acquisition Could Be a Game Changer
When it comes to growth, fashion companies frequently choose to buy it off the rack. In recent history, a big catalyst for luxury goods sales has been the rise of social media. Content creators and influencers have contributed to a broader democratization of luxury goods.
- GlobeNewswire
L’Oréal Fund for Nature Regeneration accelerates biodiversity preservation efforts with three new investments
L’ORÉAL FUND FOR NATURE REGENERATION ACCELERATES BIODIVERSITY PRESERVATION EFFORTS WITH THREE NEW INVESTMENTS High-impact projects tackle biodiversity loss through reforestation and the restoration of ecosystems Clichy, 20th April 2023 – Ahead of Earth Day, L’Oréal today announced three new recipients of its Fund for Nature Regeneration. NetZero, ReforesTerra and Mangroves.Now were chosen for their innovative approaches to carbon capture in soils, reforestation and mangrove restoration, and for
- Reuters
UPDATE 3-L'Oreal beats expectations with strong sales in U.S., Europe
L'Oreal reported a 13% rise in first-quarter sales, beating expectations thanks to strong business in the United States and Europe as shoppers shrugged off rising prices, but has yet to benefit from the end of COVID-19 curbs in China. Sales in Europe and North America grew by 16% and 16.6% respectively, with the company flagging strong performance from its consumer products division, which has been moving upmarket, as well as its dermatological beauty division, which sells CeraVe skincare. "These are truly outstanding numbers," despite China "still being a drag," said Bruno Monteyne, analyst with Bernstein, noting that sales growth for every division beat expectations, with a standout performance from the dermatological beauty division, up 30.6%.
ReutersL'Oreal beats expectations with strong sales in U.S., Europe
PARIS (Reuters) -L'Oreal reported a 13% rise in first-quarter sales, beating expectations thanks to strong business in the United States and Europe as shoppers shrugged off rising prices, but has yet to benefit from the end of COVID-19 curbs in China. Sales in Europe and North America grew by 16% and 16.6% respectively, with the company flagging strong performance from its consumer products division, which has been moving upmarket, as well as its dermatological beauty division, which sells CeraVe skincare. In mainland China, where the company said luxury sales were flat due to low inventories, consumer demand and store traffic resumed from February.
- GlobeNewswire
First quarter 2023 sales
VERY STRONG START: +13.0% LIKE-FOR-LIKE1 , +14.6% REPORTED Sales: 10.38 billion euros, +13.0% like-for-like1, +14.6% based on reported figures.Another quarter of market outperformance, further strengthening L’Oréal’s position as the global leader in beauty.Growth in all Divisions, with outstanding performance from the Dermatological Beauty and Consumer Products Divisions.Growth in all geographic Zones, with a spectacular performance in emerging markets. Strong double-digit growth in every Zone,
Yahoo Finance VideoL’Oréal’s acquisition of Aesop is ‘the biggest it’s ever done’: Former LVMH chairman
Former LVMH Chairman of North America Pauline Brown, who is also the author of “Aesthetic Intelligence”, joins Yahoo Finance Live to break down L’Oréal’s acquisition of Aesop, M&A activity within the wellness space, and the state of luxury consumers.
- Reuters
EMERGING MARKETS-Chile's peso up ahead of central bank decision, Brazil's Natura jumps
* Chile's peso up ahead of central bank decision * Brazil's real down, dragging Latam FX index * MSCI Latam FX index set to snap 11-day winning streak * L'Oreal buys luxury brand Aesop from Brazil's Natura & Co By Shashwat Chauhan and Shreyashi Sanyal April 4 (Reuters) - Chile's peso was cautiously higher on Tuesday as its central bank was expected to hold interest rates steady later in the day, while Brazilian cosmetics maker Natura jumped on the sale of its luxury brand to L'Oreal. Chile's peso added 0.7% against the dollar, with analysts expecting the country's central bank to hold its key policy rate at 11.25%.
- Reuters
UPDATE 3-L'Oreal buys luxury brand Aesop with eye on China
France's L'Oreal has agreed to buy Australian luxury brand Aesop from Natura & Co for an enterprise value of $2.53 billion, growing its presence in high-end cosmetics with an eye to international expansion, including in China. For L'Oreal, which owns labels ranging from Maybelline to Lancome, and has been moving upmarket where consumers are less affected by an economic downturn, the deal is its largest brand acquisition to date, according to Dealogic data. It provides Brazil's Natura, owner of Avon and The Body Shop, with some financial relief from shrinking margins and heavy debt.
ReutersL'Oreal buys luxury brand Aesop with eye on China
SAO PAULO/PARIS (Reuters) -France's L'Oreal has agreed to buy Australian luxury brand Aesop from Natura & Co for an enterprise value of $2.53 billion, growing its presence in high-end cosmetics with an eye to international expansion, including in China. For L'Oreal, which owns labels ranging from Maybelline to Lancome, and has been moving upmarket where consumers are less affected by an economic downturn, the deal is its largest brand acquisition to date, according to Dealogic data. It provides Brazil's Natura, owner of Avon and The Body Shop, with some financial relief from shrinking margins and heavy debt.
- Reuters
L'Oreal buys luxury brand Aesop from Brazil's Natura for $2.5 bln
French cosmetics group L'Oreal struck a deal with Brazil's Natura & Co to buy Aesop, its Australian luxury brand, at an enterprise value of $2.53 billion, both firms said on Monday. The deal expands L'Oreal's presence in the luxury cosmetics market, while marking a financial relief for the Brazilian firm, burdened by shrinking margins and heavy debt. The brand, Natura's most profitable, operates almost 400 stores and posted sales of $537 million in 2022, up 21% in constant currency from a year earlier.
- GlobeNewswire
L’Oréal signs an agreement with Natura &Co to acquire Aēsop
Clichy, 3 April 2023 – L’Oréal announced today that it has signed an agreement with Natura &Co to acquire Aēsop, the Australian luxury beauty brand. The proposed transaction values Aēsop at an enterprise value of USD 2.525 billion. Created in 1987, Aēsop is world widely renowned for its skin, hair and body products. With its signature amber packaging, plant-based ingredients, sustainable vegan formulations, and its bespoke customer service, Aēsop has evolved into a global super brand available a
ReutersL'Oreal defeats U.S. woman's lawsuit over 'Paris' product labels
A judge dismissed a proposed class action lawsuit accusing L'Oreal SA of tricking American shoppers into overpaying for its beauty products by making them believe the products came from France. In a decision on Monday, U.S. District Judge Analisa Torres in Manhattan said L'Oreal's referring to "Paris" and sprinkling French words on packaging would not deceive reasonable consumers about where its shampoo, mascara and other products came from. The plaintiff, Veronica Eshelby, claimed she had not noticed the fine print before learning that the products she bought were manufactured in L'Oreal's factory in North Little Rock, Arkansas, or elsewhere in the United States and Canada.
- GlobeNewswire
Disclosure of total number of voting rights and number of shares in the capital at February 28, 2023
Société anonyme au capital de 107 037 312,40 euros Siège social : 14, rue Royale, 75008 Paris 632 012 100 R.C.S. Paris Legal Entity Identifyer : 529900JI1GG6F7RKVI53 Disclosure of total number of voting rights and number of shares in the capital at February 28, 2023 Pursuant to article L-233-8 II of the French “Code de Commerce” and 223-16 of the AMF's General Regulations: Total number of shares 535,186,562 Number of real voting rights (excluding treasury shares) 535,186,562 Theoretical number o
- GlobeNewswire
Annual General Meeting to be held on Friday 21 April 2023 and 2022 Universal Registration Document
Annual General Meeting to be held on Friday 21 April 2023 and 2022 Universal Registration Document Clichy, 16 March 2023 – L’Oréal, the world’s leading beauty company, announced terms of information availability regarding the Annual General Meeting to be held on Friday 21 April 2023 and the 2022 Universal Registration Document. TERMS OF INFORMATION AVAILABILITY REGARDING THE ANNUAL GENERAL MEETING OF FRIDAY 21 APRIL 2023 The Annual General Meeting of L’Oréal (hereafter the “Company”) will be h
- GlobeNewswire
L'Oréal: News release: Financial calendar update
NEWS RELEASE Clichy, 22 February 2023 Financial calendar update Wednesday 26 April 2023: Ex–dividend date Friday 28 April 2023: Dividend payment date About L’Oréal For over 110 years, L’Oréal, the world’s leading beauty player, has devoted itself to one thing only: fulfilling the beauty aspirations of consumers around the world. Our purpose, to create the beauty that moves the world, defines our approach to beauty as inclusive, ethical, generous and committed to social and environmental sustaina
ReutersEDF signs deals to help L'Oreal reach carbon neutrality targets by 2025
(Reuters) -French power giant EDF said on Tuesday it signed two new electricity contracts with L'Oreal to help the France-based cosmetics maker achieve carbon neutrality for all its sites by 2025. The contracts include the direct purchase by L'Oreal Group of electricity from renewable sources with EDF Renouvelables under a Corporate Power Purchase Agreement (C-PPA), from the production of two solar farms aggregated by EDF's subsidiary Agregio. They also include an electricity supply contract with EDF over 2024 and 2025 to supply L'Oréal's production sites in France, including volume from the C-PPA.
ReutersU.S. demand boosts L'Oreal fourth-quarter sales, China weighs
PARIS (Reuters) -L'Oreal posted 8.1% sales growth in the fourth quarter, a touch slower than in the previous three months, with firm demand in the United States and Europe helping to offset the dent from coronavirus disruptions in China. The cosmetics company, which sells Maybelline mascara and CeraVe skincare, recorded sales for the last three month of 2022 of 10.3 billion euros ($11.1 billion), in line with analyst expectations, according to Refinitiv data. The 8.1% growth rate for the three months to end-December compared with a 9.1% increase in sales in the third quarter.
- GlobeNewswire
L'Oréal: News release: "2022 Annual Results"
Strong sales growth, Another year of outperformance in all divisions and all zones Strong improvement in operating margin Strengthened social and environmental contribution Sales: 38.26 billion euros, +18.5% reported, +10.9% like-for-like1; a comparable increase of +23.4% vs 2019.Strengthening global leadership in the beauty market. Well-balanced growth between volume and value. 28% of sales in e-commerce.Strong improvement in operating margin: 19.5% (+40 bps); operating profit: 7,456.9 million
ReutersNearly 60 hair relaxer lawsuits against L'Oreal, others consolidated in Illinois federal court
Nearly 60 lawsuits claiming hair relaxer products sold by L'Oreal USA Inc and other companies cause cancer and other health problems will be consolidated in Chicago federal court, according to a Monday order from the Judicial Panel on Multidistrict Litigation. At least 57 lawsuits have been filed in federal courts across the country over the products, which use chemicals to permanently straighten textured hair, court records show. The lawsuits allege the companies knew their products contained dangerous chemicals but marketed and sold them anyway.
- Reuters
UPDATE 1-Kering recruits Estee Lauder exec for push into cosmetics
French luxury goods group Kering said on Friday it was entering the cosmetics business, with the announcement that it has recruited seasoned Estee Lauder executive Raffaella Cornaggia to head the push into the new segment. "We are building this new area of expertise within our Group to ensure that our brands can fulfill their potential in this category," group Managing Director Jean-Francois Palus said in a statement. Cornaggia has been appointed chief executive officer of Kering Beaute, the statement said.
ZacksHere's Why L'Oreal SA (LRLCY) is a Great Momentum Stock to Buy
Does L'Oreal SA (LRLCY) have what it takes to be a top stock pick for momentum investors? Let's find out.