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L’Oréal (ENXTPA: OR) 3Q17 Update: An In-Line Quarter with Solid Comp Growth

Executive Summary

  • L’Oréal reported comp growth of 5.1% in 3Q17.
  • The company’s 3Q17 revenues were down 0.9% as reported, but were in line with consensus expectations.
  • North America and France proved to be difficult markets in the quarter.

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