L’Oreal stock pops on Q1 earnings, on track for biggest gain in 18 years
Shares of the world’s largest cosmetics company L’Oréal It rose as much as 10% after the bell on Wednesday after reporting strong growth that beat expectations.
Organic sales rose 7.6% to 12.2 billion euros ($14.3 billion) in the first quarter, compared with expectations of about 3%, according to analysts. Excluding the impact of one-off items, growth stood at 6.7% in the quarter.
“Not only did we outperform a beauty market that remains dynamic, but we also accelerated our market share gains worldwide,” said CEO Nicolas Hieronimus.
“Our leadership in e-commerce allows us to double down on the winning channel with amazing results across all regions, especially emerging markets,” he added in a statement. “The recovery in the second half of 2025 continued in our two largest countries, the US and China, and we outperformed the market in both.”
Barclays analysts said underlying growth was “very impressive”. “The 4% growth in the cosmetics market shows no signs of slowing down,” they said. “His [L’Oreal’s] beauty incentive plan results in stronger share gains even in volatile times.”
Shares were last up 9%, heading for their biggest daily gain since November 2008.
L’Oreal shares were down 2% in the past 12 months entering Thursday trading.
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