L'Oreal SA

OR: XPAR (FRA)
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L'Oréal: Growth Accelerates, Ahead of Beauty Market; Shares Fairly Valued

L’Oréal posted a strong third quarter, with adjusted like-for-like sales growth of 7.7%, ahead of the global beauty market's roughly 5% growth and an acceleration from 6.5% in the first half. Shares traded nearly 6% higher on Oct. 23.

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