L’Oréal Outpaces Sales Forecasts for Q3

PARIS — L’Oréal’s third-quarter sales sped past financial analysts’ expectations, propelled by business in Asia and the group’s luxury and active cosmetics activities.

The world’s largest beauty company said on Tuesday evening after the close of the Paris bourse that its sales in the three months ended Sept. 30 came to 7.18 billion euros, up 11 percent in reported terms and 7.8 percent on a like-for-like basis.

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