07
Feb
Feb
L’Oréal Reports Slower Q4 Sales Growth Amid Market Challenges
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Writer / 7 months
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L’Oréal, the world’s largest cosmetics company, reported a 2.5% increase in fourth-quarter sales, bringing total revenue to €11.08 billion ($11.9 billion). The growth fell short of analyst expectations of a 3.9% rise, marking the slowest quarterly expansion since the pandemic. The downturn was primarily driven by weaker consumer demand in China and North America, particularly […]