L'Oreal S.A. Unsponsored ADR (LRLCY)
Inside L'Oreal's $160 million research and innovation facility
The world's largest beauty company, L'Oreal, has invested $160 million to revamp its North America Research & Innovation Center, its largest investment in R&I in its 110 years history, located in Clark, New Jersey.
L'Oreal CEO plays down the impact of U.S. tariffs, says he's 'not overly concerned'
Hieronimus said he is "not overly concerned" over the impact of White House tariffs on L'Oreal, as the group produces most of its goods sold in the U.S. in the North American country. Some of the cosmetics titan's luxury products, such as fragrances, are nevertheless exported from Europe.
L'Oreal recalls acne cream that may contain cancer-causing benzene
Makeup company L'Oréal S.A. issued a recall on all lots of acne cream Effaclar Duo due to concern that benzene, a known carcinogen, is in the product.
L'Oreal CEO: Tariff wars are never good for consumers
L'Oreal CEO Nicolas Hieronimus discusses the U.S. market, tariffs, European competitiveness and Chinese demand in an exclusive interview at the firm's newly opened R&I facility in New Jersey.
L'Oreal CEO: Consumer demand must be stimulated by innovation
L'Oreal CEO Nicolas Hieronimus discusses the company's $160 million investment in its new U.S. R&I facility in an exclusive interview with CNBC.
L'Oreal: Downgrade To Hold As Organic Growth Outlook Is No Longer Great
LRLCF's 4Q24 results were disappointing, with organic sales growth slowing to 2.5% y/y, down from 6.9% in 4Q23, and gross margin declining. The luxury segment's growth struggles, particularly in North Asia, and a weak consumer spending environment in China are significant concerns. Broad-based demand weakness in mass beauty and active cosmetic segments, coupled with a poor macroeconomic environment, impairs LRLCF's growth prospects.
L'Oréal: China Won't Break The Long-Term Investment Thesis
Despite the disappointing results in China and a challenging market, L'Oréal managed to grow in all product divisions and once again achieved outperformance. The fundamentals remain rock solid and the company is excellently positioned to achieve sustainable growth for a very long time. The company fits well in a balanced dividend growth portfolio and currently offers a great mix of dividend yield, growth, safety, and consistency.
L'Oréal S.A. (LRLCF) Q4 2024 Earnings Conference Call Transcript
L'Oréal S.A. (OTCPK:LRLCF) Q4 2024 Earnings Conference Call February 7, 2025 3:00 AM ET Company Participants Nicolas Hieronimus - CEO Christophe Babule - CFO Myriam Cohen-Welgryn - President, L'Oréal Dermatological Beauty Omar Hajeri - President, Professional Products Cyril Chapuy - President, Luxe Alexis Perakis-Valat - President, Consumer Products Conference Call Participants Olivier Nicolai - Goldman Sachs Celine Pannuti - JPMorgan Jeremy Failko - HSBC Iain Simpson - Barclays Tom Sykes - Deutsche Bank Sarah Simon - Morgan Stanley Charles Scotti - Kepler Cheuvreux Rogerio Fujimori - Stifel Virginie Jacoberger - Les Echos Nicolas Hieronimus So good morning, again and welcome to this 2024 Annual Results Presentation.
L'Oréal shifts focus from China to a ‘land of opportunity': here's why
L'Oreal SA (EPA: OR) seems to have had enough disappointments out of China. For future growth, the beauty giant now plans on turning to the United States which it called a “land of opportunity” on its earnings call last night.
L'Oreal looks to U.S. 'land of opportunity' as China disappoints
The world's largest beauty group L'Oreal said Friday that it plans to become less dependent on the Chinese consumer for growth, instead targeting burgeoning opportunities in the U.S. market. "We see the U.S. as the land of opportunity," said CEO Nicolas Hieronimus during an earnings presentation following the release of the company's fourth-quarter results Thursday.
L'Oreal CEO bullish on US as China sales stay weak
Cosmetics giant L'Oreal is upbeat on the United States for the year ahead, it said on Friday, even as its shares were dragged down by its slowest quarterly sales since the height of the pandemic, following weak Chinese demand.
L'Oreal strikes beauty partnership with fashion label Jacquemus
French cosmetics giant L'Oreal has struck a partnership deal with Jacquemus that includes L'Oreal taking a minority stake in the independent fashion label, L'Oreal said on Friday.
