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-0.000187165149849061 -0.000280747724773658 0.00135694733640592 0.00201202536087784 -0.00299464239758551 -0.00299464239758551 -0.00356783566899838 -0.00383688557190648
Stock impact report

L'Oreal Q1 sales up 9.4% on strong mass market demand [Reuters]

Ulta Beauty, Inc. (ULTA) 
Last ulta beauty, inc. earnings: 3/12 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.ultabeauty.com/overview/default.aspx
Company Research Source: Reuters
PARIS, April 18 (Reuters) - L'Oreal (OREP.PA) New Tab , opens new tab reported a 9.4% rise in first quarter sales on a like-for-like basis on Thursday, beating expectations and shrugging off concerns about a slowdown in leading beauty market the United States. The French cosmetics giant, which owns the Maybelline and Lancome brands, reported sales of 11.24 billion euros ($11.98 billion) for the first three months to the end of March. The sales growth far exceeded a consensus of a 6.1% rise cited by analysts at Jefferies. Sales growth at the world's biggest beauty company will reassure the market after bearish comments from U.S. beauty retailer Ulta Beauty (ULTA.O) New Tab , opens new tab earlier this month about a faster-than-expected slowdown in the United States. The comments knocked L'Oreal shares by about 4% and also pressured U.S. make-up brands e.l.f. Beauty (ELF.N) New Tab , opens new tab , Coty (COTY.N) New Tab , opens new tab and Estee Lauder (EL.N) New Tab Show less Read more
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