L’Oréal Group posted a 7.6% like-for-like revenue increase to €12.2 billion in the first quarter of fiscal 2026, exceeding analyst expectations. The results marked an acceleration from the previous quarter. CEO Nicolas Hieronimus credited innovation and e-commerce strength for global market share gains.
L’Oréal’s professional products division, featuring brands like Kérastase and Redken, led the growth with a 15.5% rise. Dermatological beauty, including CeraVe and La Roche-Posay, followed at 10.8%. Consumer products such as L’Oréal Paris and Maybelline grew 5.8%, while luxe lines like Kiehl’s and Yves Saint Laurent increased 5.2% year-on-year. This performance outpaced a dynamic beauty market worldwide, according to Hieronimus. “We not only outperformed a beauty market that remains dynamic, but accelerated our market share gains around the world,” Hieronimus said. “Driven by the step-up in our innovation plan, we continue to win in fragrances, haircare, and makeup, and start seeing some encouraging signs in skincare. And our e-commerce leadership allows us to double down on the winning channel with spectacular results across all regions, especially emerging markets.” Regional sales highlighted strength in Europe, up 10.3%, and North America, up 11.4%. Emerging markets, encompassing South Asia Pacific, Middle East, North Africa, and Sub-Saharan Africa, surged 20.4%. Latin America rose 5.1%, though North Asia dipped 4%. On March 31, L’Oréal finalized its acquisition of Kering Beauté, which includes House of Creed and exclusive licenses for Bottega Veneta and Balenciaga fragrances and beauty products. Hieronimus expressed optimism amid geopolitical and economic uncertainties, citing the company’s multi-polar model and innovation as drivers for continued growth in sales and profit.
