L’Oréal posted first-quarter 2026 sales of €12.15bn ($14.22bn), as the cosmetics group said growth was supported across all divisions, regions and sales channels.
The company said adjusted like-for-like (LFL) sales rose 6.7% in the quarter, outpacing the wider global beauty market.
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On a reported basis, sales were 3.6% higher than a year earlier, while LFL growth stood at 7.6%.
At constant exchange rates, revenue increased 9.1%, though exchange rate movements had a 5.5% negative impact on sales.
L’Oréal said every division and region made a positive contribution during the period, with Europe providing the biggest boost and emerging markets delivering double-digit growth.
Professional Products was the strongest-performing division, with adjusted LFL growth of 13.1%.
Dermatological Beauty rose 10.2%, while Luxe increased 5.6% and Consumer Products advanced 4.1%.
The company said fragrances and haircare were the main drivers of growth in the quarter.
Skincare also began to benefit from a stronger levels of innovation and improving trends in Asia.
E-commerce sales recorded double-digit growth, led by Europe and emerging markets.
By geography, Europe reported adjusted LFL growth of 5.5%, while North America grew 7.6%.
North Asia recorded growth of 4.8% on an adjusted LFL basis, SAPMENA–SSA (South Asia Pacific, Middle East and North Africa – Sub-Saharan Africa) rose 15.4%, and Latin America increased 5.1%.
On a reported basis, North Asia sales declined 9%, which the group attributed to currency effects and structural factors, despite what it described as an underlying recovery in China.
Separately, L’Oréal said it completed the acquisition of Kering Beauté late last month.
The transaction includes the House of Creed as well as exclusive licences covering Bottega Veneta and Balenciaga fragrances and beauty products.
The group also announced a research partnership with Institut Pasteur focused on skin biology.
In addition, it said it had widened its artificial intelligence partnership with NVIDIA to speed up product development through computational chemistry.
