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L'Oreal Shares Rise 8% on First-Quarter Sales Beat
Double-digit e-commerce growth and stronger professional and dermatological beauty sales helped L’Oréal beat analyst estimates, with revenue reaching €12.2 billion.
- On Thursday, L'Oréal Group reported 7.6% like-for-like sales growth to €12.2 billion in first-quarter 2026, beating analyst expectations as shares jumped more than 8%.
- Professional Products rose 15.5% and Dermatological Beauty grew 10.8%, while CEO Nicolas Hieronimus noted e-commerce advanced by double digits, bolstered by emerging markets surging 20.4%.
- Sales in North America rose 11.4% and Europe grew 10.3%, with Michael Field, chief equity strategist at Morningstar, noting growth was 'spread out across numerous segments.'
- Despite growth, Hieronimus acknowledged concerns regarding war in the Middle East's impact on consumer confidence, while CFO Christophe Babule warned U.S. tariffs and Iran-linked oil costs could pressure margins.
- The group completed its March 31 acquisition of Kering Beauté, including the House of Creed, while analysts at JPMorgan raised their full-year sales growth forecast to 4.8%.
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The French company, owner of brands such as L’Oréal Paris, Garnier, and Maybelline New York, highlighted that it experienced growth in all its divisions and expects expansion in sales and profits throughout the year.
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Robust Demand For Premium Haircare And Perfume Drives Growth At L’Oréal
L’Oréal has posted its best quarterly sales growth in two years and stated that it is optimistic about its future performance, despite growing concerns about a hit to consumer confidence from the conflict in the Middle East. The French cosmetic (more…) The post Robust Demand For Premium Haircare And Perfume Drives Growth At L’Oréal appeared first on KamCity.
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Total News Sources11
Leaning Left1Leaning Right1Center3Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 20%
C 60%
R 20%
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