LRLCY Stock Recent News

L'Oreal CEO Nicolas Hieronimus joins 'Squawk Box' to discuss the impact of Paris Olympics on the company, sales outlook, China market, how technology is transforming beauty, and more.

L'Oréal's stock price dropped due to the CEO's comments on the beauty industry and French election results. My valuation analysis shows L'Oréal is fairly valued with strong revenue growth, margins, and diversified portfolio. Despite short-term fluctuations, L'Oréal's stock is a good long-term investment due to its strong fundamentals and growth potential.

Dublin, July 02, 2024 (GLOBE NEWSWIRE) -- The "L'Oreal S.A. - Digital Transformation Strategies" company profile has been added to ResearchAndMarkets.com's offering. This report provides insights into L'Oreal's tech activities, including its digital transformation strategies, its innovation programs, and its technology initiatives. L'Oreal SA (L'Oreal) is a personal care company that manufactures and markets make-up products, perfumes, hair care, sun care, skincare, and coloring products. L'Oreal markets products under various brands, including Lancome Giorgio Armani, Yves Saint Laurent, Biotherm, Kiehl's, Ralph Lauren, Shu Uemura, Cacharel, Helena Rubinstein, Clarisonic, Diesel, ViktorandRolf, Yue Sai, Essie, Maybelline New York, Redken, Kerastase, and Matrix. The company merchandises products through a network of hair salons, mass-market retail, perfumeries, department stores, pharmacies, drugstores, medispas, branded retail, and travel retail.

L'Oréal is a high-quality company in the beauty industry with a track record of rapid earnings growth. The company is operating in an industry with a secular growth trend, has high margins, a solid balance sheet and a management team with significant skin in the game. Despite the relatively low dividend yield of 1.5%, the high, safe and constant dividend growth makes up for it.

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At the Viva Technology conference in Paris, L'Oreal showed off demonstrations of "bioprinting," technology that can 3D print humanlike skin, in action. The firm has been using this tech for several years to test new makeups on synthetic skin in its lab rather than animals.

There is a different breed of stocks that investors should be aware of. They are GRANOLAS stocks which can be loosely thought of as the Magnificent Seven, but for European stocks.

L'Oreal S.A. (LRLCF) Q4 2023 Earnings Call Transcript

The net worth of the world's wealthiest woman Francoise Bettencourt Meyers fell precipitously Friday as shares of L'Oreal, the French beauty company about one-third owned by the billionaire and her family, registered their worst single-day performance since the Great Recession.

L'Oreal shares fell as much as 8% on Friday as the cosmetics giant said it's continuing to see pressure from mainland China and what it called the reset in travel spending.