L’Oréal Reports Strong Q1 Sales Growth, Outperforms Analyst Expectations
L’Oréal reported first-quarter sales of 12.15 billion euros, up 3.6% on a reported basis and outperforming analyst expectations. The company's growth was driven by the Professional Products division and strong performance in e-commerce, particularly in emerging markets. CEO Nicolas Hieronimus expressed confidence in the company's market position and the global beauty market outlook.
Topics: Beauty Market E-commerce L’Oréal Market Share Middle East Conflict Q1 Results Sales Growth