ESTEE LAUDER COMPANIES INC 8K

The Estée Lauder Companies reported stronger fiscal 2026 sales and profitability, substantial PRGP restructuring progress, and an affirmed and raised fiscal 2027 outlook while announcing a $0.35 quarterly dividend and detailing a funded securities class action settlement.

The Estée Lauder Companies Inc. reported its fiscal year 2026 results for the year ended June 30, 2026, highlighting a return to sales growth and improved profitability driven by its Beauty Reimagined strategy and Profit Recovery and Growth Plan (PRGP), with net sales up 5% (3% organic), gross margin expanding 150 basis points to 75.5%, adjusted operating margin rising to 11.2%, and diluted EPS improving from a loss of $(3.15) to earnings of $0.50 (adjusted EPS $2.51). The company detailed segment and regional performance, including broad-based growth across all geographic regions, strong gains in prestige beauty share in markets such as mainland China and the U.S., and continued strength in fragrance and skin care. Estée Lauder also reported substantial progress on its PRGP restructuring component, expecting approximately $1.2 billion in annual gross benefits and a net reduction of about 10,000 positions, with cumulative restructuring charges projected slightly above the previously announced $1.5–$1.7 billion range. The company noted tariff refunds of $38 million received in Q4 that partially offset $102 million of incremental tariffs for the year, the recording and funding of an $84 million net loss contingency for a securities class action settlement (subject to final court approval), and prior talcum litigation settlement charges recorded in fiscal 2025. Management affirmed its fiscal 2027 outlook for 3%–5% organic net sales growth and raised its adjusted operating margin forecast to 12.7%–13.5%, and announced a quarterly dividend of $0.35 per share payable September 15, 2026 to stockholders of record on August 31, 2026.

Filing Facts

CIK

1001250

Ticker

EL

Form

8K

Source Type

sec

Accession

0001001250-26-000038

Alert Tier

7