L’Oreal stock pops 9% after ‘impressive’ earnings, on track for biggest gain in 18 years

Shares of the world’s largest cosmetics company L’Oreal popped as much as 10% after it reported strong growth ahead of expectations after the bell on Wednesday. Organic sales rose 7.6% in the first quarter to 12.2 billion euros ($14.3 billion), compared to expectations of around 3%, according to analysts. Stripping out the impact from one-off […] The post L’Oreal stock pops 9% after ‘impressive’ earnings, on track for biggest gain in 18 years appeared first on NYT News Today .