Down 25% This Year Is Estée Lauder A Better Pick Over L'Oréal?

L'Oréal's revenue growth has been driven by the increased fragrances and skin care products sales. While skin care saw a 65% rise in sales between 2020 and 2023, fragrance sales were up 60%. Lately, the company is seeing growth in both North America and Europe, driven by its mass market range and dermatological products. NurPhoto via Getty Images 1. L'Oréal Stock Has Outperformed Estée Lauder In The Last Three Years Given the current uncertain macroeconomic environment with high oil prices and elevated inte ...