PARIS (Reuters) - L'Oreal reported a 9.4% rise in first quarter sales on a like-for-like basis on Thursday, shrugging off concerns of a slowdown in leading beauty market the United States.
The French cosmetics giant, which owns the Maybelline and Lancome brands, reported sales of 11.24 billion euros ($11.98 billion) for the first three months to the end of March.
($1 = 0.9383 euros)
(Reporting by Dominique Patton; Editing by Susan Fenton)
