Kering sells beauty division to L'Oréal for €4 billion. Deal includes the Creed fragrance line and emphasizes strategic partnership. Kering focuses on fashion while improving its financial health.
L’Oréal (LRLCY) forecasted to outperform Ulta (ULTA) in coming years. LRLCY stock has shown 15% gains since early 2021, below ULTA's 30%. L’Oréal's revenue growth projected at high single digits, while Ulta at low single digits. L’Oréal holds lower financial risk with 4% debt, higher cash cushion than Ulta. LRLCY trades at 5.2x revenues, outperforming ULTA's 1.6x valuation multiple.