EL Q3 2026

Q3 2026 Q2 2026 Q1 2026 Q4 2025

Earnings

Estée Lauder delivered a stronger-than-expected fiscal third quarter, posting adjusted earnings per share of $0.91 against a Wall Street consensus of $0.65, a beat of 40.43%, while net sales of $3.71 billion edged past the $3.69 billion estimate and … Read more Estée Lauder delivered a stronger-than-expected fiscal third quarter, posting adjusted earnings per share of $0.91 against a Wall Street consensus of $0.65, a beat of 40.43%, while net sales of $3.71 billion edged past the $3.69 billion estimate and grew 4.6% year over year. The primary engine behind the profit outperformance was the company's Profit Recovery and Growth Plan, which drove gross margin expansion of 140 basis points to 76.4% and adjusted operating margin improvement of 360 basis points to 15.0%, more than offsetting roughly $100 million in tariff headwinds. Fragrance was the standout category, with organic sales rising 10%, led by luxury brands including Le Labo, KILIAN PARIS, and TOM FORD, while Mainland China posted mid-single-digit organic growth for a third consecutive quarter of outperforming prestige beauty. The company also announced an expansion of its restructuring program targeting up to 10,000 total position reductions, with expected annual savings climbing to as much as $1.20 billion. Looking ahead, Estée Lauder raised its full-year fiscal 2026 adjusted EPS guidance to $2.35 to $2.45 and offered a preliminary fiscal 2027 view of 3% to 5% net sales growth with adjusted operating margin of 12.5% to 13.0%.