Newscasts - L'Oreal shares slump as Asia disappoints in sales miss

Loreal SA

13/02/2026 10:53

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Source: 'Reuters - Business videos'

Description: L'Oreal shares fell around 6% in early trade on Friday, set for their worst day since at least October, after the beauty giant missed quarterly sales expectations and reported an unexpected deterioration in its Asian business. Ciara Lee reports.

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Video Transcript:

L'Oreal shares fell around 6% in early trade on Friday, setting the stage for potentially the stock's worst day since October. That's after the beauty giant missed quarterly sales expectations and reported a surprise fall in its Asian business. Fourth-quarter sales rose 6%, short of some analysts' forecasts of about 7% growth. The Maybelline owner further posted quarterly revenue of $13.4 billion, but momentum in North Asia stalled with sales growth less than expected as travel retail disappointed. The company said it had seen continued softness in South Korea and a weaker Mainland China travel retail market due to changes in some domestic airport operators. However, L'Oreal had highlighted improving demand for its luxury brands in China in the third quarter. The stock was Europe's second biggest decliner on Friday in early trade.