L'Oreal CEO signals Chinese market recovery after sales miss

L'Oreal reported a miss on its quarterly sales forecasts on February 13, 2026, as weaker-than-expected trading in Asia weighed on the beauty giant's performance. The company’s fourth-quarter results showed sales growth of 6 percent, falling short of market expectations which had anticipated a rise of approximately 7 percent. This earnings miss triggered an immediate reaction in the financial markets, with shares falling as much as 7 percent intraday before recovering slightly to trade down about 3.5 percent by mid-morning.