Estée Lauder Companies Raises Outlook Following Strong Q1 Sales Growth
- Reports
- 3
- Developments
- 1
- Repetition
- 67%
New informationRepeats or wire copies
What happened
Estée Lauder Companies reported net sales of $3.7 billion for the first quarter ended September 30, marking a 7% increase. The company raised its fiscal 2027 full-year outlook for organic net sales growth to 4% to 5.5%. Geographically, organic net sales grew 9% in Mainland China and 4% in Europe and the Middle East.
From wwd.com
Why it matters
The strong performance in key markets, particularly Mainland China, led Estée Lauder Companies to raise its full-year financial guidance. The company expects adjusted diluted net earnings per common share to range between $3.20 and $3.45 for fiscal 2027.
From wwd.com
Who's involved
- Estée Lauder CompaniesAmerican cosmetics company reporting quarterly sales and raising its full-year outlook.
- mainland ChinaGeopolitical area where Estée Lauder Companies reported 9% organic net sales growth.
- EuropeGeopolitical region where Estée Lauder Companies reported 4% organic net sales growth.
- Middle EastGeopolitical region where Estée Lauder Companies reported 4% organic net sales growth.
- Tom FordBrand whose fragrance sales drove double-digit growth in the first quarter.
- AvedaAmerican cosmetics company whose decline partially offset hair care net sales growth.
- MacBrand that boosted makeup net sales growth during the quarter.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Estée Lauder CompaniesSpeculative
The company could see increased investment and funding due to the raised full-year outlook and strong sales performance.
- AvedaSpeculative
Aveda might face pressure on hair care net sales due to the reported decline in the first quarter.
Keep exploring
The entities involved
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Estée Lauder Companies
American-based cosmetics company
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mainland China
geopolitical area under the jurisdiction of the People's Republic of China, excluding Special Administrative Regions
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Europe
terrestrial continent located in north-western Eurasia
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran