L’Oréal’s Quarterly Sales Rose 11.9% as Fragrance and Haircare Drove Growth

The company also reported adjusted like-for-like growth of 7.7% for the quarter. That separate measure adjusts for the timing effects of its IT transformation and should not be confused with either reported growth or its standard like-for-like comparison.

The distinction matters because the headline 11.9% increase reflects more than underlying sales momentum alone. L’Oréal Luxe generated €4.18 billion in quarterly sales, up 12.3% reported and 6.4% like-for-like.

Fragrances remained the division’s principal growth driver across the nine-month period, with the company highlighting Prada Paradigme, Emporio Armani Stronger With You and Yves Saint Laurent’s Libre and MYSLF. Newly acquired Creed also contributed to the luxury portfolio’s expansion.

Professional Products and Dermatological Beauty delivered the quarter’s strongest like-for-like divisional increases, at 12.1% and 12.2%, respectively. Consumer Products, which includes L’Oréal Paris and Maybelline New York, grew 4.3% like-for-like to €4.04 billion…