L'Oréal's second-quarter sales slightly fell short of market expectations, while the operating profit for the first half exceeded expectations

L'Oréal's same-store sales grew by 2.4% in the second quarter, while analysts expected a growth of 2.68%.

Sales in the second quarter were €10.74 billion, with analysts expecting €10.77 billion.

Same-store sales in North Asia decreased by 8.8% in the second quarter, while analysts expected a decrease of 5.96%.

Same-store sales in North America grew by 8.3% in the second quarter, while analysts expected a growth of 4.01%.

LFL sales of consumer products grew by 3.3% in the second quarter, while analysts expected a growth of 2.31%.

L’Oreal Luxe's LFL sales declined by 1.9% in the second quarter, while analysts expected a growth of 1.21%.

Dermatological Beauty's LFL sales grew by 3.5% in the second quarter, while analysts expected a growth of 4.11%.

Operating profit for the first half was €4.74 billion, while analysts expected €4.69 billion.

L'Oréal ADR (LRLCY) fell by 1.46%