L'Oreal's Luxury Cosmetics Lead the Way in Strong Holiday Season
L’Oreal SA’s high-end cosmetics such as Lancome Monsieur Big mascara came through again over the holidays.
Photographer: Alessandra Benedetti/Bloomberg
L’Oreal SA’s high-end cosmetics such as Lancome Monsieur Big mascara came through again over the holidays.
Fourth-quarter revenue rose 5.5 percent on a comparable basis, the Paris-based cosmetics company said Thursday, with luxury products leading the way for the sixth consecutive quarter. That was above analysts’ estimate of 4.9 percent.