Earnings Releases·Nov 2, 2026, 8:01 AM ET

The Estée Lauder Companies — Fiscal 2027 Q1 Earnings Summary

Net sales rose 7% year-over-year to $3.715 billion, while adjusted diluted net earnings per share surged over 100% to $0.72, driven by a 230 basis point expansion in gross margin to 75.7% and a 610 basis point expansion in operating margin to 11.0%.
The company raised its full-year fiscal 2027 guidance, projecting organic net sales growth of 4.0%–5.5%, adjusted operating margins of 12.9%–13.7%, and adjusted diluted net earnings per share of $3.20–$3.45.
Strategic growth was led by Fragrance (20% organic sales increase) and Skin Care (4% organic increase), with Makeup returning to growth; the firm also completed the acquisition of remaining equity in Forest Essentials and expanded digital distribution to 13 brands on Amazon.
Management announced a quarterly dividend of $0.35 per share and forecast fiscal 2027 net cash flows from operating activities between $1.4 billion and $1.5 billion, while noting no material impact expected from Middle East geopolitical conflicts.