Puig revenues rose 5.6% on a like-for-like basis to €1.39 billion in the third quarter of 2026, the Spanish company said on Wednesday. This follows a 4.7% sales increase in Q1 and a 4.1% uplift in Q2.
“Momentum was broad across business segments and regions,” Puig CEO José Manuel Albesa said in a statement. “Asia-Pacific, niche fragrances, dermocosmetics and makeup were particularly strong, delivering double-digit growth, alongside continued healthy growth in fragrance and fashion.”
José Manuel Albesa, Puig CEO.
Photo: Courtesy of Puig
Fragrance and fashion sales, the lion’s share of the business, grew 3.9% on a like-for-like basis to €985.8 million, notably driven by double-digit growth at niche fragrances and strong delivery by Carolina Herrera.
Makeup, which includes Charlotte Tilbury, grew 16.1% to €269.7 million in the quarter. Skincare sales slipped 0.8% to €135.3 million.
By geography, EMEA (Europe, the Middle East, and Africa) grew 3.8% like-for-like to €727.5 million. The Americas delivered 6.2% growth to €506.7 million, while Asia-Pacific revenues rose 12.9% hitting €156.5 million.
L’Oréal Group is to report its Q3 earnings on Thursday. LVMH’s perfumes and cosmetics division reported a 1% organic sales increase to €2 billion in Q3. Estée Lauder Companies will report its first fiscal quarter on November 2.
Puig will present its future roadmap at its Capital Markets Day, scheduled for October 28, in Madrid.
