L'Oréal S.A. (LRLCY)
- GuruFocus.com
L'Oreal SA's Dividend Analysis
L'Oreal SA (LRLCY) recently announced a dividend of $1.42 per share, payable on 2024-05-21, with the ex-dividend date set for 2024-04-24. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into L'Oreal SA's dividend performance and assess its sustainability.
- Reuters
L'Oreal shares shine after sales beat expectations
PARIS (Reuters) -Shares in L'Oreal rose 5% on Friday after the French cosmetics giant beat expectations with a strong rise in first quarter sales, allaying concerns about a slowdown in the United States. L'Oreal shares were up 5.0% at 0745 GMT, the biggest gain since January 2023. While L'Oreal acknowledged a slowdown in the United States, it "comfortably surprised to the upside," both in the U.S. and Europe, they said.
- Reuters
L'Oreal sales rise 9.4% as mass market makeup outshines luxury
PARIS (Reuters) -L'Oreal reported a 9.4% rise in first quarter sales on a like-for-like basis on Thursday, beating expectations and easing concerns about a slowdown in the two biggest beauty markets the United States and China. The sales growth exceeded a consensus of a 6.1% rise cited by analysts at Jefferies. Sales were up 8.3% on a reported basis.
