L'Oréal's sales miss estimates due to slowing demand in China. The company's third-quarter results show a decline in revenue, attributed to decreased consumer spending in the country. Despite this setback, L'Oréal remains optimistic about its future prospects.

Source: https://www.bloomberg.com/news/videos/2024-10-23/l-oreal-sales-miss-estimates-amid-china-demand-slowdown-video