PARIS – L’Oréal’s first-quarter sales grew 3.6 percent on a reported basis, bolstered by its Professional Products and Dermatological Beauty Divisions, as well as the company’s activity in Europe.
In the three months ended March 31, group sales reached 12.15 billion euros. They rose 7.6 percent on a like-for-like basis and 6.7 percent on an adjusted like-for-like basis, with gains beating financial analysts’ consensus.
L’Oréal outpaced Bloomberg consensus of 3.5 percent by about 0.5 percent, with numbers adjusted for the impact of the IT transformation in the first quarter of 2026.
The maker of Lancôme, Yves Saint Laurent, Kiehl’s, Vichy and L’Oréal Paris products said its adjust like-for-like growth was significantly greater than that of the beauty market worldwide.
Vichy Laboratoires’ Dercos
Courtesy
In a statement, L’Oréal chief executive officer Nicolas Hieronimus called the first quarter “a great start” to 2026.
“We not only outperformed a beauty market that remains dynamic, but accelerated our market share gains around the world,” he said. “Driven by the step-up in our innovation plan, we continue to win in fragrances, hair care and makeup, and start seeing some encouraging signs in skin care.”
L’Oréal’s e-commerce business advanced by double digits, bolstered by emerging markets and Europe.
“The second half 2025 recovery in our two largest countries, the U.S. and China, continued and we outpaced the market in both,” Hieronimus said. “Despite current geopolitical and macroeconomic uncertainties, we are optimistic about the outlook for the global beauty market. Our multi-polar model, the determination of our teams, as well as our innovation power make me confident that we will continue to outperform and achieve another year of growth in sales and profit.”
