L'Oreal Faces Beauty Market Setback In China: Here's Why I'm Holding [Seeking Alpha]
L'OREAL UNSP/ADR (LRLCY)
NASDAQ:AMEX Investor Relations:
loreal-finance.com/eng
Company Research
Source: Seeking Alpha
9min Summary L'Oréal's sales in North Asia fell 3.1% in H1 2024, with China being the main driver due to weakening in consumer spending. Luxury beauty brands like Lancôme are struggling in China, with travel retail in Hainan down 30%. Management is shifting towards more affordable products in this region. I believe that the stock is fairly priced compared to its five-year average, limiting upside potential. I rate the stock a Hold, mainly due to concerns about North Asia's continued weak performance, even after the release of the massive stimulus pack. Robert Way L'Oreal SA ( OTCPK:LRLCY ) has been facing headwinds in the North Asian region, with sales declining 3.1% YoY in the first half of the year, despite double digit growth in almost all other geographical regions. With China being This article was written by Deep Value Investing Follower s Follow Small deep value individual investor, with a modest private investment portfolio, split approx. 50%-50% bet
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- Fifteen milestone moments marking 115 years of innovation by L'Oreal Groupe [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Celebrating 115 Years of the L'Oréal Groupe and the Launch of the Collective 100 000 Years of Beauty by Éditions Gallimard [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- L'Oréal S.A. (OTCMKTS: LRLCY) was downgraded by analysts at DZ Bank AG from a "buy" rating to a "hold" rating.MarketBeat
- European Stocks Drop With Earnings Center Stage; L'Oreal Falls [Financial Post (Toronto, Ontario, Canada)]Financial Post
- L'Oréal S.A. (OTCMKTS: LRLCY) was downgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "underweight" rating.MarketBeat