LRLCY Stock Recent News

Natura & Co, the Brazilian personal care giant, saw its shares decline following news of the sale of its luxury skincare brand Aesop to L'Oreal for US$2.5 billion. Shares of Natura & Co were down 8% at US$4.83 at the beginning of Wednesday trading after getting a small bump earlier this week when the deal was first announced.

L'Oreal's acquisition of the Australian luxury brand Aesop from Natura & Co., announced Monday (April 3), for an enterprise value of $2.53 billion, sets L'Oreal to expand its presence in the high-end skincare market and facilitate international expansion, especially in China.

L'Oreal is buying Australian brand Aesop in a deal that values it at $2.5 billion, in the biggest brand acquisition ever made by the French beauty giant.

L'Oreal OR, +1.02% on Monday said it had signed an agreement with Natura & Co to acquire Australian premium beauty-products maker Aesop in a $2.525 billion deal. L'Oreal executives said the move to buy Aesop — which makes plant-based hair and body-care products — would help the iconic beauty brand expand its global luxury offerings.

Nicolas Hieronimus, CEO at L'Oreal, speaks to CNBC's Charlotte Reed.

L'Oréal S.A. (OTCPK:LRLCF) Q4 2022 Earnings Conference Call February 10, 2023 3:00 AM ET Company Participants Nicolas Hieronimus - CEO Christophe Babule - CFO Alexis Perakis-Valat - President, Consumer Product Division Cyril Chapuy - President, L'Oréal Luxe Myriam Cohen-Welgryn - President, Active Cosmetics Omar Hajeri - President, Professional Products Division Conference Call Participants Celine Pannuti - JPMorgan Jeremy Fialko - HSBC Tom Sykes - Deutsche Bank Bruno Monteyne - Bernstein Guillaume Delmas - UBS Emma Letheren - RBC Karel Zoete - Kepler Cheuvreux Chris Pitcher - Redburn Ian Simpson - Barclays Rogerio Fujimori - Stifel Nicolas Hieronimus Good morning, everyone.

Bloomberg's Joe Easton has a rundown of the stocks to watch in Europe today including Standard Chartered, Adidas and L'Oreal. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.

L'Oreal S.A. has continued to see strong sales growth. The company's P/E ratio looks attractive and long-term debt levels remain low.

L'Oréal Chief Corporate Responsibility Officer Alexandra Palt discusses how the world's largest cosmetics company is tackling its sustainability targets.

Does L'Oreal SA (LRLCY) have what it takes to be a top stock pick for momentum investors? Let's find out.