L'Oréal Q1 2026 sales beat expectations, stock jumps 9% [Yahoo! Finance]
KERING SA UNSP/ADR (PPRUY)
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Source: Yahoo! Finance
roughly 9%, a gain that, according to CNBC , would be its strongest single-day performance since November 2008. The result far exceeded what analysts had anticipated — roughly 3-4% growth, according to CNBC. Excluding one-off items tied to the company's IT transformation, the adjusted like-for-like figure settled at 6.7%. "We not only outperformed a beauty market that remains dynamic but accelerated our market share gains around the world," CEO Nicolas Hieronimus said in a statement. Despite "current geopolitical and macroeconomic uncertainties," he said the company expects "another year of growth in sales and profit." Growth was broad-based, with all four of L'Oréal's divisions finishing the quarter in positive territory. The Professional Products unit was the standout, posting adjusted like-for-like expansion of 13.1%, followed by Dermatological Beauty — home to brands including La Roche-Posay and CeraVe — which advanced 10.2%. The Luxe division rose 5.6%, with China deliverin
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