LG Household & Health Care Stock Shows Recovery Signals Ahead of Q2 Earnings, Supported by North American Brand Growth

According to Yonhapinfomax, LG Household & Health Care's stock could rebound after falling 86.55% from its 2021 peak of 1.77 million won to 238,000 won, as the company's Q2 earnings normalizes. Analysts expect Q2 revenue of 1.596 trillion won (down 0.55% year-over-year) and operating profit of 71.5 billion won (up 30.57%), driven largely by its North American unit's growing self-brand portfolio, particularly haircare brand Dr.G Root. The company's North American self-brand share expanded from around 10% to 40%, with Dr.G Root accounting for half, buoyed by expanded retail channels including Costco and Sephora. LG will report Q2 results on July 29.
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