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MarketScreener Homepage  >  Equities  >  Nasdaq  >  JD.com, Inc.    JD

JD.COM, INC.

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L'Oreal's online sales of make-up rose in China in February: CEO

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02/21/2020 | 09:59am EDT
The logo of French cosmetics group L'Oreal in the western Paris suburb of Levallois-Perret

Online sales of L'Oreal make-up and skincare products had picked up in China in February and were even stronger than a year earlier, Chief Executive Jean-Paul Agon said on Friday.

China is the Maybelline and Lancome maker's single-biggest market, and like rivals in the luxury goods industry, L'Oreal is bracing for a hit on demand due to the coronavirus health crisis as shops shut down and Chinese customers face travel bans.

L'Oreal has so far offset some lost business through e-commerce sales, Agon said, adding that platforms like Alibaba and JD.com appeared to be "finding solutions" to counter delivery problems in some parts of China.

"Even in February (online) sales were really good," Agon said at the CAGNY consumer analyst conference in Florida. "Sales of beauty products on e-commerce sites are stronger than last year."

(Reporting by Sarah White; Editing by GV De Clercq)

Stocks mentioned in the article
ChangeLast1st jan.
ALIBABA GROUP HOLDING -3.45% 188.59 Delayed Quote.-11.08%
JD.COM, INC. -4.43% 40.15 Delayed Quote.13.97%
L'ORÉAL -5.73% 240 Real-time Quote.-9.09%
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Financials (CNY)
Sales 2019 573 B
EBIT 2019 7 385 M
Net income 2019 7 881 M
Finance 2019 37 290 M
Yield 2019 -
P/E ratio 2019 54,4x
P/E ratio 2020 50,1x
EV / Sales2019 0,66x
EV / Sales2020 0,51x
Capitalization 416 B
Chart JD.COM, INC.
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JD.com, Inc. Technical Analysis Chart | JD | US47215P1066 | MarketScreener
Technical analysis trends JD.COM, INC.
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TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
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Mean consensus BUY
Number of Analysts 41
Average target price 336,32  CNY
Last Close Price 284,83  CNY
Spread / Highest target 46,7%
Spread / Average Target 18,1%
Spread / Lowest Target -13,9%
EPS Revisions
Managers
NameTitle
Qiang Dong Liu Chairman & Chief Executive Officer
Nan Li Director-Strategy & Operations
Xuan De Huang Chief Financial Officer
Chi Ping Lau Director
Ming Huang Independent Director
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