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: January 2023 US Housing Market Indicators: Total Home Sales Fall SharplyMass Merchandiser and Warehouse Club Shopping in Focus—Walmart Leads; High Purchase Rates for Daily Essentials: US Consumer Survey InsightsSeasonal Shopping, 2Q24—Expectations for Memorial Day, Mother’s Day, Father’s Day and Holiday 2024: US Consumer Survey Insights ExtraChina Consumer Tracker: Consumer Sentiment Remains Volatile
