Puig Brands SA Ordinary Shares - Class B
PUIG: XMAD (ESP)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.&!tjKY | LOCK|?b?JQ | LOCK|mTd!S? |
Puig: Strength in Makeup and Skincare Lifts Sales as Diversification Bears Fruit; Shares Attractive
Puig posted 6% like-for-like sales growth in the third quarter, led by increases of 19% in makeup and 11% in skincare. By region, sales in the small Asia Pacific segment (10% of revenue) surged 36% outpacing the core Europe (up 4%) and the Americas (up 2%).
