Estee Lauder Earnings Reports

The Estée Lauder Companies launched its new strategic vision, Beauty Reimagined, and reported its financial results for the second quarter ended December 31, 2024. Net sales decreased by 6% to $4.0 billion. The company is transforming its operating model to be leaner, faster, and more agile, while taking decisive actions to expand consumer coverage, step-change innovation, and increase consumer-facing investments to better capture growth and drive profitability.

The Estée Lauder Companies reported a decrease in net sales and a net loss for the first quarter of fiscal 2025. Despite challenges in China and Asia travel retail, adjusted diluted EPS increased. The company has withdrawn its fiscal 2025 outlook due to market uncertainties and leadership changes, and has reduced its dividend payout ratio.

Estée Lauder Companies reported a 7% increase in net sales for the fourth quarter of fiscal year 2024, with organic net sales up 8%. The company experienced growth across all product categories, led by Skin Care, and benefited from its global travel retail business. Adjusted diluted earnings per share increased to $0.64, up from $0.07 in the prior-year period.

Estée Lauder reported a 5% increase in net sales to $3.94 billion and a rise in diluted EPS to $0.91. Organic net sales grew by 6%, primarily driven by double-digit growth in EMEA, fueled by stronger sales in Asia travel retail. The company is confident in its renewed net sales and profit growth trajectory.

The Estée Lauder Companies reported a 7% decrease in net sales to $4.28 billion and a decline in diluted EPS to $0.87 for the second quarter of fiscal 2024. Organic net sales fell by 8%, primarily due to challenges in Asia travel retail and ongoing softness in mainland China. However, the company exceeded its adjusted diluted EPS outlook and is expanding its Profit Recovery Plan with a restructuring program.

The Estée Lauder Companies reported a 10% decrease in net sales and a significant decline in diluted EPS for the first quarter of fiscal 2024. The results were impacted by challenges in Asia travel retail and a slower recovery of prestige beauty in mainland China, although organic sales grew in the United States and other markets. The company is lowering its full-year outlook due to these headwinds but is accelerating its profit recovery plan.

The Estée Lauder Companies reported a 1% increase in net sales for the fourth quarter of fiscal year 2023, with organic net sales increasing by 4%. Growth was driven by Makeup, Fragrance, and Hair Care, as well as double-digit growth in emerging markets. Net loss for the quarter was $33 million, or $.09 per diluted share.

The Estée Lauder Companies reported a 12% decrease in net sales and a 72% decline in diluted EPS for the third quarter of fiscal 2023. Organic net sales fell by 8%, primarily due to slower recovery in Asia travel retail, but nearly all markets experienced net sales growth ahead of expectations. The company is lowering its full-year outlook to reflect a more gradual recovery in Asia travel retail.

The Estée Lauder Companies reported a 17% decrease in net sales and a 63% decrease in diluted EPS for the second quarter of fiscal year 2023. Organic net sales fell by 11%. The company exceeded its adjusted diluted EPS outlook despite challenges in mainland China due to COVID-19 restrictions.

The Estée Lauder Companies reported a decrease in net sales by 11% to $3.93 billion and a decrease in diluted EPS by 28% to $1.35 for the first quarter of fiscal 2023. Organic net sales fell by 5%, impacted by COVID-19 restrictions in China and inventory management by retailers. Strong growth was seen in fragrance and hair care, as well as in several markets in Asia/Pacific and the West.

The Estée Lauder Companies reported a 10% decrease in net sales for the fourth quarter of fiscal year 2022, with net sales of $3.56 billion. Net earnings were $52 million, and diluted earnings per share was $0.14. Adjusted diluted net earnings per common share was $0.42.

The Estée Lauder Companies Inc. reported a strong fiscal 2022 third quarter with net sales of $4.25 billion, a 10% increase from the prior-year period, and organic net sales increased 9%. Diluted net earnings per common share was $1.53, compared with $1.24 in the prior-year period. Adjusted diluted earnings per common share was $1.90, an 18% increase in constant currency.

The Estée Lauder Companies reported a strong second quarter for fiscal year 2022, with net sales increasing by 14% to $5.54 billion and diluted EPS rising by 25% to $2.97. Organic net sales grew by 11%, and adjusted diluted EPS increased by 15% in constant currency. Every region and product category expanded, showcasing the strength of the company's multiple engines of growth strategy.

The Estée Lauder Companies reported a strong first quarter for fiscal year 2022, with net sales increasing by 23% to $4.39 billion and diluted EPS rising by 32% to $1.88. Organic net sales grew by 18%, and adjusted diluted EPS increased by 29% in constant currency. The company's performance reflected recovery in brick-and-mortar retail and growth across all regions and product categories.

The Estée Lauder Companies reported a strong Q4 2021 with net sales increasing by 62% compared to the prior-year period. Net income was $1.02 billion, and diluted earnings per share was $2.76.

The Estée Lauder Companies reported a strong third quarter with net sales increasing by 16% and diluted EPS improving to $1.24. Growth was driven by Skin Care and Fragrance, with sales rising in every region, led by Asia/Pacific. Online sales thrived, and Travel Retail excelled.

The Estée Lauder Companies Inc. reported a net sales increase of 5% and a diluted EPS increase of 56% for its second quarter ended December 31, 2020. The company's performance was fueled by Skin Care, Fragrance, Asia/Pacific, Travel Retail in Asia, and global Online, with double-digit sales growth from Estée Lauder and La Mer brands.

The Estée Lauder Companies reported a 9% decrease in net sales and a 14% decrease in adjusted diluted EPS in constant currency, driven by the impact of COVID-19, including temporary store closures and reduced foot traffic. However, the company saw strong online growth and significant sequential improvement in net sales growth in every product category.

Estee Lauder reported a net sales decrease of 32% for Q4 2020, driven by the impacts of COVID-19, with retail store closures only partially offset by strong online growth. The company reported a net loss of $0.46 billion, and a diluted loss per share of $1.28.

The Estée Lauder Companies reported a decrease in net sales and a net loss for the third quarter of fiscal 2020, impacted by COVID-19 related retail store closures. However, the company saw strong growth in online sales and a recovery in mainland China, while also implementing cost control measures and enhancing liquidity.

Estée Lauder reported exceptional financial results for the second quarter ended December 31, 2019. Net sales increased by 15% to $4.62 billion, and adjusted diluted earnings per share rose by 21% to $2.11.