L'Oreal SA
OR: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| t>d | LOCK|Ny< | LOCK|b?B<#xM |
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.
