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Puig, the Barcelona-based company behind perfume brands Rabanne, Carolina Herrera and Jean Paul Gaultier, reported an 8 percent rise in first-quarter sales on Monday, beating analysts’ expectations.
The company reported €1.21 billion ($1.38 billion) in sales during the first three months of the year, beating a FactSet consensus of €1.19 billion cited by Renta4’s analyst in a recent note.
The results come as analysts expect global beauty companies’ revenue growth to slow, and with the…
