L'Oreal stock: Q3 sales growth broadens across all divisions

L'Oreal reported strong third-quarter sales growth on Thursday, October 22, as demand expanded across all four divisions and the luxury business recovered. The company said sales reached 11.56 billion euros in the three months to September 30, up 11.9 percent on a reported basis and 7.2 percent like-for-like.

On an adjusted like-for-like basis, which removes the impact of the timing of an information-technology transformation, growth reached 7.7 percent. The figures were published in the company's L'Oreal Finance sales release.

Professional products lead divisions

Professional Products and Dermatological Beauty delivered the strongest adjusted like-for-like growth in the quarter at 13.9 percent each. Professional Products benefited from premium haircare and its omnichannel strategy, while Dermatological Beauty continued to gain from skincare and sun-care demand.

L'Oreal Luxe grew 7.0 percent on the same basis, supported chiefly by fragrances. The company cited continued momentum from Yves Saint Laurent fragrances and other luxury launches, alongside improving skincare. Consumer Products advanced 3.8 percent, with haircare and global brands including L'Oreal Paris and NYX Professional Makeup contributing to the result.

Growth was broad geographically. Europe increased 8.9 percent on an adjusted like-for-like basis, North Asia rose 7.8 percent and North America gained 5.6 percent. South Asia Pacific, the Middle East, North Africa and Sub-Saharan Africa delivered 19.5 percent growth. Latin America was the exception, declining 3.0 percent on the adjusted basis amid temporary supply and distributor issues in Mexico.

Nine-month sales reinforce outlook

For the first nine months, sales rose to 35.34 billion euros, up 7.7 percent as reported and 6.9 percent on both like-for-like measures. E-commerce sales increased by around 17 percent, outpacing the online market, while the company said growth was driven predominantly by volume and product mix.

Chief Executive Nicolas Hieronimus said the performance strengthened his conviction that L'Oreal is positioned to win over the long term. He added that the group should deliver another year of sales and profit growth, while continuing to invest in innovation, digital capabilities and artificial intelligence.

The real-time quote of L'Oreal stock showed the shares trading at 446.08 euros on Lang & Schwarz at 11:39 CET on Monday, November 9, 2026, 0.78 percent below the Xetra close of Friday, November 6.

The CAC 40 provides the relevant French market backdrop for L'Oreal investors.

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