Estée Lauder Companies (The) (EL) Research

Forward Estimates

EPS Estimates

Current Qtr

$0.32

$0.27$0.42

vs $0.09+257.7%

20 analysts

Next Qtr

$0.47

$0.40$0.54

vs $0.32+48.2%

16 analysts

Current Yr

$2.41

$2.14$2.51

vs $1.51+59.9%

26 analysts

Next Yr

$3.18

$2.95$3.44

vs $2.41+31.7%

26 analysts

Revenue Estimates

Current Qtr

$3.55B

$3.48B$3.62B

vs $3.41B+4.1%

17 analysts

Next Qtr

$3.60B

$3.50B$3.67B

vs $3.48B+3.4%

12 analysts

Current Yr

$14.98B

$14.90B$15.10B

vs $14.32B+4.6%

16 analysts

Next Yr

$15.55B

$15.09B$15.84B

vs $14.98B+3.9%

23 analysts

SEC filings →

View all 10-K, 10-Q, and 8-K filings for EL on EDGAR.

EL filing events and research context
Filed	Item	Context
May 1, 2026	mda_quarterly	The Estée Lauder Companies reported net sales of $3.71 billion for the quarter ended March 31, 2026, a 5% increase year-over-year, driven by growth in fragrance, skin care, and makeup. Performance was bolstered by strength in Mainland China and the EUKEM region, while Asia travel retail faced transitory headwinds from duty-free retailer transitions at Beijing and Shanghai airports. The company is executing its "Beauty Reimagined" strategy and an expanded Profit Recovery and Growth Plan (PRGP). The restructuring program now targets a net reduction of 9,000 to 10,000 global positions—primarily in point-of-sale demonstration roles—and is expected to incur total charges of $1.5 billion to $1.7 billion. These initiatives aim to generate $1.0 billion to $1.2 billion in annual gross benefits and restore double-digit operating margins. Financial results were impacted by an $84 million loss contingency for a securities class action settlement. Additionally, the company is navigating significant tax headwinds from the "One Big Beautiful Bill Act," which increased the effective tax rate due to interest expense deduction limitations. Despite these pressures, gross margin improved to 76.4% through supply chain efficiencies and reduced promotional activity. The company maintains a cautious outlook regarding global macroeconomic volatility, inflationary pressures, and ongoing tariff uncertainties.
Feb 5, 2026	mda_quarterly	The Estée Lauder Companies reported net sales of $4.23 billion for the quarter ended December 31, 2025, a 6% increase year-over-year, driven by volume growth and strategic pricing. Operating income reached $401 million, a significant recovery from the $580 million loss in the prior-year period, which was heavily impacted by $861 million in impairment charges. Performance was led by the skin care and fragrance categories, with notable strength in Mainland China and Asia travel retail, despite ongoing headwinds from the transition of duty-free operators at Beijing and Shanghai airports. The company continues to execute its "Profit Recovery and Growth Plan" (PRGP), including an expanded restructuring program expected to cost between $1.2 billion and $1.6 billion. This initiative aims to reduce the global workforce by 9%–11% and generate $800 million to $1 billion in annual gross benefits by the end of fiscal 2027. Key risks include inflationary pressures, potential tariff impacts on profitability, and volatility in consumer sentiment, particularly in Western Europe and U.S. department stores. Additionally, the company is navigating legal contingencies, including ongoing securities class actions and cosmetic talcum powder litigation, for which it previously established settlement agreements to mitigate future exposure.
Oct 30, 2025	mda_quarterly	The Estée Lauder Companies reported net sales of $3.48 billion for the quarter ended September 30, 2025, a 4% increase compared to the prior-year period. This growth was driven by strong performance in the fragrance category—led by Le Labo, TOM FORD, and Jo Malone London—and a recovery in skin care, particularly within Asia travel retail and Mainland China. Conversely, the company faced headwinds in North America due to department store challenges and retailer bankruptcies, while the hair care segment declined as Aveda executed a strategic exit from underperforming doors. Profitability improved significantly, with operating income reaching $169 million compared to a $121 million loss in the prior-year period. This turnaround reflects the ongoing Profit Recovery and Growth Plan (PRGP), which has reduced non-consumer-facing expenses through workforce reductions and supply chain efficiencies. The company is currently executing a two-year restructuring program targeting a net reduction of 5,800 to 7,000 positions. Despite these gains, the company faces ongoing volatility in global markets, inflationary pressures, and potential impacts from new U.S. tax legislation and tariffs. Management continues to prioritize cost discipline and brand-led growth while navigating a complex macroeconomic environment and persistent weakness in travel retail conversion.

Filed

Item

Context

May 1, 2026

mda_quarterly

The Estée Lauder Companies reported net sales of $3.71 billion for the quarter ended March 31, 2026, a 5% increase year-over-year, driven by growth in fragrance, skin care, and makeup. Performance was bolstered by strength in Mainland China and the EUKEM region, while Asia travel retail faced transitory headwinds from duty-free retailer transitions at Beijing and Shanghai airports. The company is executing its "Beauty Reimagined" strategy and an expanded Profit Recovery and Growth Plan (PRGP). The restructuring program now targets a net reduction of 9,000 to 10,000 global positions—primarily in point-of-sale demonstration roles—and is expected to incur total charges of $1.5 billion to $1.7 billion. These initiatives aim to generate $1.0 billion to $1.2 billion in annual gross benefits and restore double-digit operating margins. Financial results were impacted by an $84 million loss contingency for a securities class action settlement. Additionally, the company is navigating significant tax headwinds from the "One Big Beautiful Bill Act," which increased the effective tax rate due to interest expense deduction limitations. Despite these pressures, gross margin improved to 76.4% through supply chain efficiencies and reduced promotional activity. The company maintains a cautious outlook regarding global macroeconomic volatility, inflationary pressures, and ongoing tariff uncertainties.

Feb 5, 2026

mda_quarterly

The Estée Lauder Companies reported net sales of $4.23 billion for the quarter ended December 31, 2025, a 6% increase year-over-year, driven by volume growth and strategic pricing. Operating income reached $401 million, a significant recovery from the $580 million loss in the prior-year period, which was heavily impacted by $861 million in impairment charges. Performance was led by the skin care and fragrance categories, with notable strength in Mainland China and Asia travel retail, despite ongoing headwinds from the transition of duty-free operators at Beijing and Shanghai airports. The company continues to execute its "Profit Recovery and Growth Plan" (PRGP), including an expanded restructuring program expected to cost between $1.2 billion and $1.6 billion. This initiative aims to reduce the global workforce by 9%–11% and generate $800 million to $1 billion in annual gross benefits by the end of fiscal 2027. Key risks include inflationary pressures, potential tariff impacts on profitability, and volatility in consumer sentiment, particularly in Western Europe and U.S. department stores. Additionally, the company is navigating legal contingencies, including ongoing securities class actions and cosmetic talcum powder litigation, for which it previously established settlement agreements to mitigate future exposure.

Oct 30, 2025

mda_quarterly

The Estée Lauder Companies reported net sales of $3.48 billion for the quarter ended September 30, 2025, a 4% increase compared to the prior-year period. This growth was driven by strong performance in the fragrance category—led by Le Labo, TOM FORD, and Jo Malone London—and a recovery in skin care, particularly within Asia travel retail and Mainland China. Conversely, the company faced headwinds in North America due to department store challenges and retailer bankruptcies, while the hair care segment declined as Aveda executed a strategic exit from underperforming doors. Profitability improved significantly, with operating income reaching $169 million compared to a $121 million loss in the prior-year period. This turnaround reflects the ongoing Profit Recovery and Growth Plan (PRGP), which has reduced non-consumer-facing expenses through workforce reductions and supply chain efficiencies. The company is currently executing a two-year restructuring program targeting a net reduction of 5,800 to 7,000 positions. Despite these gains, the company faces ongoing volatility in global markets, inflationary pressures, and potential impacts from new U.S. tax legislation and tariffs. Management continues to prioritize cost discipline and brand-led growth while navigating a complex macroeconomic environment and persistent weakness in travel retail conversion.

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EL filing events and research context

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