L'Oréal Reports Strong Third Quarter 2026 Sales Growth and Acquisition of Innovist

10/22/2026
Impact: 85
Basic Materials

L'Oréal reported third-quarter 2026 sales of 11.56 billion euros, reflecting a 7.7% increase in adjusted like-for-like growth, surpassing market expectations. The company experienced growth across all divisions, particularly in professional products and dermatological beauty, with a 17% increase in e-commerce. Additionally, L'Oréal completed the acquisition of a majority stake in Innovist, an Indian digital-first personal care brand. Management remains optimistic about continued sales and profit growth for the full year 2026.

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