PARIS — L’Oréal on Thursday bucked the trend in beauty by reporting a 1.5 percent increase in first-half profits despite missing analysts’ expectations for second-quarter sales growth due to weakness in North America.
The world’s largest beauty company reported net profits of 1.73 billion euros, or $2.35 billion, for the first half ended June 30, compared with profits of 1.71 billion euros, or $2.32 billion, in the corresponding period a year earlier. L’Oréal only reports profits twice a year.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)