Estée Lauder Raises Organic Net Sales Growth Outlook to 4%-5.5%
Estée Lauder raised its forecast for organic net sales growth to 4%–5.5%, from 3%–5%. It also reported fiscal first-quarter net sales of $3.72 billion, up 6.7% year over year.
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05:11:31 PM UTC
SquawkNews
Estée Lauder Companies reported revenue of $3.72 billion and net income of $233 million for 2026, up from $3.48 billion and $47 million, respectively, in the prior-year period. Diluted EPS was $0.64, compared with $0.13.Financial Highlights¹ Reported as “Net sales”. ² Reported as “Net earnings”. ³…
By Connor HartBeauty conglomerate Estee Lauder raised its outlook for organic net sales growth to between 4% and 5.5%, up from a prior forecast of 3% to 5%. The owner of brands such as MAC, Smashbox and Jo Malone reported net sales of $3.72 billion in its fiscal first quarter, up 6.7% from a year e…