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Is L'Oréal a good stock to buy?

“The L’Oréal results had limited surprises, which is good for a stock with very high expectations,” wrote Bernstein analyst Bruno Monteyne in a research note. He lauded the company’s acceleration in the U.S., growth for its Professional Products and Active Cosmetics divisions, and signs of e-commerce picking up in emerging markets.

What happened to L'Oréal stock?

In the corporate sector, L’Oréal (EPA:OREP) stock rose 0.3% after the French beauty giant agreed to buy Australian skincare brand Aesop in a deal worth $2.5 billion after months of negotiations.

How much money does L'Oréal make a year?

L’Oréal S.A. is a French consumer goods group with headquarters in Paris and currently the largest cosmetics manufacturer in the world. The company owns brands such as L’Oréal Paris, Garnier, Maybelline Jade, Essie, Softsheen Carson and NYX Cosmetics. According to L'Oréal 's latest financial reports the company's current revenue (TTM) is $36.56 B .

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