L'Oreal stock pops 9% after 'impressive' earnings, on track for biggest gain in 18 years
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- L'Oreal posted organic sales up 7.6% to €12.2 bn in Q1, surpassing analyst expectations of 3‑4% growth.
- Nicolas Hieronimus said the firm accelerated market‑share gains worldwide and doubled down on e‑commerce, especially in emerging markets.
- Barclays praised the “very impressive” growth and noted L'Oreal’s beauty stimulus plan is delivering stronger share gains even in volatile times.
- Jefferies highlighted beats across the US, Europe and China, despite inventory resets and travel‑retail disruption in China.
- Kering Beauté was acquired for €4 bn, expanding L'Oreal’s portfolio as it rides the growth wave.
Why it matters: L'Oreal's shareholders gain from a 9% share jump and €12.2 bn sales surge, while rivals like Unilever face pressure to accelerate beauty‑sector growth; the earnings boost strengthens L'Oreal’s bargaining power with suppliers and fuels further M&A activity.
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