Stock Markets April 28, 2026 08:33 AM

Henkel Tops European Household and Personal Care Peers in Latest Four-Week Sales Data

Nielsen scanner data shows Henkel led gains while Reckitt fell on weaker volumes and Essity’s category momentum cooled

By Sofia Navarro RKT
Henkel Tops European Household and Personal Care Peers in Latest Four-Week Sales Data
RKT

Nielsen US scanner data analyzed by Bank of America for the four weeks ending April 18 shows Henkel posting the strongest sales performance among tracked European household and personal care firms, driven largely by price increases. Reckitt recorded the weakest result as volumes declined, and Essity saw a marked slowdown in adult incontinence growth. Overall category value growth decelerated month-on-month amid falling volumes.

Key Points

  • Henkel led tracked European household and personal care firms with sales up 2.9% in the four weeks ending April 18, driven primarily by a 5.7% rise in pricing and 7.8% gain in shampoo sales.
  • Reckitt posted the weakest result with sales down 2.5%, entirely due to a 2.9% volume decline; its cough and cold remedies category saw sales fall 10.9%.
  • Overall category value growth slowed to 2.3% versus the prior comparable period, with a 1.3% decline in volumes being the main driver of the month-on-month deceleration in value (-1.4%).

Henkel ranked as the top-performing European household and personal care company in the four-week window ending April 18, according to Nielsen US scanner data reviewed by Bank of America. The German consumer goods firm posted sales growth of 2.9% for the period.

The primary contributor to Henkel’s gain was pricing, which rose 5.7% during the four weeks. Within Henkel’s assortment, shampoo products showed notable strength, with sales accelerating by 7.8% in the same span.

At the other end of the spectrum, Reckitt recorded the weakest outcome among the companies tracked, with sales down 2.5% for the four weeks ending April 18. That decline was attributed entirely to a 2.9% deceleration in volume. Pressure for Reckitt was concentrated in its cough and cold remedies category, where sales fell 10.9%.

Across the set of tracked categories, average value growth was 2.3% for the four weeks ending April 18 versus the period ending March 21. That represents a month-on-month deceleration in value of 1.4%.

The slowdown in value growth was primarily driven by a drop in volumes, which fell 1.3% in the latest four-week period. The data therefore point to price being the main support for headline value growth while physical consumption weakened slightly.

Essity experienced a clear moderation in its adult incontinence category, where sales growth slowed to 3.8% from 10.5% in the prior month. While still positive, the pace of expansion for that category cooled materially.

Taken together, the Nielsen snapshot indicates sequential softness in sales for the household and personal care sector in the most recent four-week period. Performance at the group level softened, reflecting divergent company-level outcomes driven by differing mixes of price and volume trends.


Methodology note: All figures cited are based on Nielsen US scanner data and the analysis provided by Bank of America for the four-week period ending April 18, compared with the period ending March 21.

Risks

  • Volume weakness across the household and personal care sector - a 1.3% decline in the latest four-week period - could pressure companies that cannot offset declines with pricing, affecting revenue growth for consumer staples firms.
  • Category-specific downturns, such as a 10.9% fall in Reckitt’s cough and cold remedies, create concentration risk for companies reliant on those segments and can amplify company-level earnings volatility.
  • Slowing momentum in previously high-growth categories, illustrated by Essity’s adult incontinence growth cooling from 10.5% to 3.8%, raises uncertainty about near-term same-store sales and category recovery timing.

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