Advertisement
U.S. markets open in 5 hours 12 minutes
  • S&P Futures

    5,303.75
    -4.50 (-0.08%)
     
  • Dow Futures

    40,094.00
    -50.00 (-0.12%)
     
  • Nasdaq Futures

    18,491.50
    -12.25 (-0.07%)
     
  • Russell 2000 Futures

    2,133.80
    -4.60 (-0.22%)
     
  • Crude Oil

    81.86
    +0.51 (+0.63%)
     
  • Gold

    2,212.00
    -0.70 (-0.03%)
     
  • Silver

    24.55
    -0.21 (-0.84%)
     
  • EUR/USD

    1.0794
    -0.0035 (-0.32%)
     
  • 10-Yr Bond

    4.1960
    0.0000 (0.00%)
     
  • Vix

    12.94
    +0.16 (+1.25%)
     
  • GBP/USD

    1.2609
    -0.0029 (-0.23%)
     
  • USD/JPY

    151.4040
    +0.1580 (+0.10%)
     
  • Bitcoin USD

    70,410.75
    +466.34 (+0.67%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,950.89
    +18.91 (+0.24%)
     
  • Nikkei 225

    40,168.07
    -594.66 (-1.46%)
     

Maybelline maker L'Oreal beats forecasts with quarterly sales growth

PARIS, Oct 22 (Reuters) - L'Oreal, the French company behind Lancome and Maybelline cosmetics, on Thursday said its sales had rebounded in the third quarter after falling sharply during coronavirus lockdowns, with comparable revenue turning positive again.

Sales in the July to September period were 7 billion euros ($8.27 billion), up 1.6% from a year earlier on a like-for-like basis, which strips out currency effects and acquisitions. Sales had dropped 19% year on year in the previous quarter.

Analysts had expected sales to improve but to remain down from the same period last year. ($1 = 0.8460 euros) (Reporting by Sarah White Editing by David Goodman)

Advertisement