French cosmetics giant L'Oréal reported a 6.3% rise in like-for-like sales for the second quarter of 2026, beating analyst expectations of a 5.7% increase. Sales reached 11.6 billion euros, driven by strong demand for new haircare products and mascara. By region, Europe grew 6.7% and North America rose 5.9%, while the luxury division posted a 4.7% gain, missing forecasts, but recorded double-digit growth in China. However, the sluggish Chinese travel retail market continues to weigh on performance.
LOréal S.A.Like-for-like sales rose 6.3%, beating forecasts, driven by strong demand for new haircare products and mascara.