April 13, 2018 3 minutes

L’Oréal (ENXTPA: OR) 1Q18 Trading Update: Buoyant Chinese Demand Fuels Strong Comp Growth

Primary Analyst: Coresight Research

Company Earnings Update

Executive Summary

L’Oréal reported 1Q18 comp growth of 6.8%, ahead of expectations and an improvement over the prior quarter’s growth.
The outperformance was in part due to more Chinese shoppers snapping up high-end beauty brands.
France continues to be a tough market for the company.

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