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Puig Q3 Sales Rise 7.2 Percent

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Puig Q3 Sales Rise 7.2 Percent

All regions, and the group’s fragrance and makeup businesses, contributed to the gains.

PARIS — Puig’s third-quarter sales reached 1.39 billion euros, up 7.2 percent on a reported basis, spurred by all regions, as well as fragrance and makeup.

Sales in the three months ended Sept. 30 gained 5.6 percent on a like-for-like basis, the Spanish beauty and fashion company reported after market close Wednesday.

Puig registered like-for-like growth in all categories and regions in the first nine months of 2026, when sales reached 3.75 billion euros. And the group reiterated its outlook for full-year 2026.

“I’m pleased with our strong and consistent delivery in the first nine months of 2023,” said José Manuel Albesa, chief executive of Puig, in a statement. “Momentum was broad across business segments and regions.

“Asia-Pacific, niche fragrances, dermocosmetics and makeup were particularly strong, delivering double-digit growth, alongside continued healthy growth in fragrance and fashion,” he said.

Currency fluctuations had a 0.7 percent impact on reported sales in the nine months, particularly due to changes in the value of the U.S. dollar. In the third quarter, exchange rate changes had a positive effect on sales by 1.7 percent, also due to the U.S. dollar.

In the nine months, makeup was Puig’s fastest-growing business segment, with sales up 12 percent on an organic basis and 10.4 percent in reported terms to 270 million euros.

The Asia-Pacific region was Puig’s strongest region. 9 percent on a like-for-like basis and 17 percent in reported terms to 430 million euros.


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