L’Oreal Stock Looks Set For A Rally On The Back Of Strong Earnings Growth
L’Oreal stock is down around 1% in the past month (21 trading days), underperforming the S&P 500 which was up almost 6% over this period. LRLCY’s most recent FY ’21 earnings saw revenue rise to $35.9 billion, up strongly from $31.1 billion in FY ’20. Gross margins rose from 73.1% to 73.9%...