L’Oréal Stock Takes a Hit After Q3 Results Release

L’Oréal Stock Takes a Hit After Q3 Results Release

The company’s like-for-like sales growth for the three months ended Sept. 30 missed analysts’ consensus.

Shares In L’Oréal Take A Hit From Underwhelming Q3 Results And Outlook

Shares in L’Oréal slid over 6% today after the French cosmetics giant posted weaker-than-expected third-quarter sales and provided a cautious outlook. Over the three months to 30th September, the company’s like-for-like sales rose 4.2% to €10.3bn, slightly below the 4.9% (more…) The post Shares In L’Oréal Take A Hit From Underwhelming Q3 Results And Outlook appeared first on KamCity.