L'Oreal SA
OR: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| €176.00 | Zyrr | Yxhdpjgbg |
Wide-Moat L’Oreal’s Diverse Portfolio Reach Is Helping It Manage Near-Term Economic Turmoil
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Business Strategy and Outlook
We believe L’Oreal has secured a wide moat, fortified by a mix of market-leading brands, entrenched relationships with retailers, and a scale-based cost advantage. L’Oreal is the world’s third-largest advertiser, which we think affords it a degree of negotiating power. We expect these benefits to endure for the next 20 years, prompting its wide moat designation.