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April 14, 2014
12:03 EDTLRLCYL'Oreal reports Q1 sales EUR5.64B vs. EUR5.77B a year ago
The company said, “L’Oréal has made an encouraging start to the year. The divisions have posted contrasted performances: L’Oréal Luxe and the Active Cosmetics Division are maintaining their very good momentum. The Professional Products Division is confirming its recovery and has returned to growth in Western Europe and the United States. The Consumer Products Division is, as we had forecast and announced, being held back by North America, because of a high comparison base in the first quarter of 2013, linked to two major launches, and a sluggish trend in the mass-market channel over the first few months of the year."
News For LRLCY From The Last 14 Days
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February 27, 2015
09:58 EDTLRLCYOn The Fly: Analyst Initiation Summary
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06:02 EDTLRLCYL'Oreal initiated with a Neutral at HSBC
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February 24, 2015
09:27 EDTLRLCYL'Oreal USA issued FDA warning letter in February
The FDA warned L'Oreal USA that claims on its website rendered certain products drugs under the Federal Food, Drug, and Cosmetic Act and that introducing or delivering these products for introduction into interstate commerce for such uses violates the Act, according to the letter posted to the FDA website. Reference Link

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