France's L'Oréal Q1 sales rise, driven by premium haircare and fragrances

Loreal SA

22/04/2026 17:11

Overview

France beauty products maker's Q1 2026 sales rose 3.6% reported, 6.7% adjusted like-for-like

Company saw growth in all divisions and regions, with Europe leading and emerging markets up double digits

L'Oréal completed Kering Beauté acquisition on March 31

Outlook

L'Oreal says it is optimistic about the outlook for the global beauty market

L'Oreal estimates currency fluctuations could impact 2026 sales by around -1.3% if current rates persist

Result Drivers

PREMIUM HAIRCARE & FRAGRANCES - Growth driven by premium haircare and fragrances, with Professional Products and Luxe divisions significantly outperforming their markets

EMERGING MARKETS & E-COMMERCE - Double-digit growth in emerging markets and strong e-commerce momentum, especially in SAPMENA-SSA and Latin America

INNOVATION PIPELINE - New product launches and innovation across divisions, including skincare and makeup, supported growth

Company press release: ID:nGNE1SxZkP

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
EUR 12.15 bln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy", 10 "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the personal products peer group is "buy"

Wall Street's median 12-month price target for L'Oreal SA is €407.50, about 18.1% above its April 21 closing price of €345.15

The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 27 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)