Company Earnings Update 3 minutesRegister for Free AccessL’Oréal (ENXTPA: OR) 1Q17 Update: Beats Expectations in Another Strong Quarter Coresight Research April 19, 2017 Executive Summary Cosmetics giant L’Oréal saw another robust quarter in 1Q17, reporting comparable sales growth of 4.2%. This was ahead of expectations, but marked a sequential slowing from the prior quarter. Unusually strong demand for luxury products, especially in Asia, underpinned growth. Comps in the Asia-Pacific region accelerated strongly, to 7.1%, while North America comps came in at 3.8%, a weakening from the previous quarter. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: AI’s CORE Revolution—Transforming Business Models and Customer Experience: Insights Presented at YPO Global Business Summit 2024Tapestry’s Acquisition of Capri Holdings Paves the Way for an American Luxury PowerhouseEarnings Insights 2Q24, Week 4: Alibaba, JD.com and Walmart Report Positive Sales GrowthAnalyst Corner—Speed Shopping: The Quick-Commerce Surge in India, with Manik Bhatia
