L'Oreal signs agreement to acquire NYX Cosmetics L'Oreal announced the signing of a definitive agreement to acquire NYX Cosmetics. In 2013, NYX reported net sales of $72M, a growth of 46% when compared to 2012. Sales amounted to $93M for the last 12 months ended May 31.
News For LRLCY From The Last 14 Days
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L'Oreal downgraded to Outperform from Strong Buy at Raymond James Raymond James downgraded L'Oreal to Outperform and removed the stock from its European Conviction List citing the CEO's cautious message on cosmetics market momentum in the second half of 2014.