0807 GMT - L'Oreal's results showed a softer-than-expected fourth quarter, analysts at J.P.Morgan say in a research note. The French beauty giant posted a 6% sales increase on a like-for-like basis to 11.245 billion euros. This was a touch below J.P.Morgan's estimates of a 7% increase. The disappointment stems partly from the lack of momentum in China, as well as weak results in Asia's travel retail, which L'Oreal's peers expect to remain tough in 2026, the analysts say. The quarterly performance makes it difficult to envision a sales acceleration this year, the analysts say. Shares are down 5.7% at 369.15 euros. (andrea.figueras@wsj.com)
(END) Dow Jones Newswires
February 13, 2026 03:07 ET (08:07 GMT)
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