L'Oreal Could Get Back on Track Once the Environment Improves -- Market Talk

Dow Jones10-23

0949 GMT - L'Oreal seems well positioned to pick up speed once current macroeconomic challenges cool, Barclays analysts Iain Simpson and Patrick Folan write. The owner of brands including Garnier and Maybelline New York posted third-quarter results below analysts' forecasts. L'Oreal has reported several quarters of disappointment, with the performance in China consistently worse than feared, they say in a note. "The problem is that China is negative and becoming more so." However, a combination of easier comparatives and the Chinese government's stimulus plan should stabilize the situation in the country. When that happens, growth elsewhere in L'Oreal's business should drive a rebound. Shares are down 3.7% at 353.55 euros. (andrea.figueras@wsj.com)

(END) Dow Jones Newswires

October 23, 2024 05:49 ET (09:49 GMT)

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L'Oreal has reported several quarters of disappointment, with the performance in China consistently worse than feared, they say in a note. \"The problem is that China is negative and becoming more so.\" However, a combination of easier comparatives and the Chinese government's stimulus plan should stabilize the situation in the country. When that happens, growth elsewhere in L'Oreal's business should drive a rebound. Shares are down 3.7% at 353.55 euros. (andrea.figueras@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 23, 2024 05:49 ET (09:49 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>L'Oreal Could Get Back on Track Once the Environment Improves -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nL'Oreal Could Get Back on Track Once the Environment Improves -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-23 17:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>0949 GMT - L'Oreal seems well positioned to pick up speed once current macroeconomic challenges cool, Barclays analysts Iain Simpson and Patrick Folan write. The owner of brands including Garnier and ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LRLCY","symbol_name":"欧莱雅","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2477306807","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2477306807","pubTimestamp":1729676940,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0949 GMT - L'Oreal seems well positioned to pick up speed once current macroeconomic challenges cool, Barclays analysts Iain Simpson and Patrick Folan write. The owner of brands including Garnier and Maybelline New York posted third-quarter results below analysts' forecasts. L'Oreal has reported several quarters of disappointment, with the performance in China consistently worse than feared, they say in a note. \"The problem is that China is negative and becoming more so.\" However, a combination of easier comparatives and the Chinese government's stimulus plan should stabilize the situation in the country. When that happens, growth elsewhere in L'Oreal's business should drive a rebound. Shares are down 3.7% at 353.55 euros. 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Shares are down 3.7% at 353.55 euros. 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