0713 GMT - L'Oreal should be able to continue outperforming rivals in an uncertain beauty market, analysts at Berenberg say in a note. The French beauty group reported better-than-expected sales growth for the first quarter on a like-for-like basis, while demonstrating it stands out within the sector, they write. "Management maintains a high level of confidence about the innovation pipeline for the rest of 2026, and this should support continued market outperformance." The company expects the industry to improve on its 2025 growth rate of 3.5%, but didn't provide a specific estimate. This highlights the uncertain consumer outlook and the geopolitical situation in the Middle East, the analysts add. Shares are down 0.1%. (andrea.figueras@wsj.com)
(END) Dow Jones Newswires
April 27, 2026 03:14 ET (07:14 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments