1609 GMT - L'Oreal will beat short-term growth expectations, analysts at J.P. Morgan write, though they don't expect a significant improvement in growth. Momentum will continue into 2026 for the French cosmetics company, spurred on by strong industry data and robust Chinese retail sales, the analysts say. However, growth in Western Europe is expected to slow, and L'Oreal will struggle to meet strong Chinese demand, holding the company's 2026 sales growth at around 4.4%, the analysts add. L'Oreal shares gain 5.8% to trade at 384 euros, slightly down from an intraday high of 384.95 euros--the highest level since Oct. 21 last year.(josephmichael.stonor@wsj.com)
(END) Dow Jones Newswires
January 09, 2026 11:09 ET (16:09 GMT)
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