Estée Lauder publishes fiscal Q1 2027 earnings call transcript
EL•Estée Lauder raised its fiscal 2027 organic sales growth forecast to 4%-5.5% and operating margin guidance to 12.9%-13.7%. First-quarter organic sales rose 6%, including 20% growth in fragrance.
1. Higher annual outlook
Estée Lauder raised its fiscal 2027 organic sales growth forecast to 4%-5.5%, from 3%-5%. Operating margin guidance rose to 12.9%-13.7%, from 12.7%-13.5%, and diluted EPS is projected at $3.20-$3.45, up from $3.10-$3.35.
2. First-quarter results
First-quarter organic sales rose 6%, with fragrance growth reaching 20% as new launches expanded the portfolio's reach. CEO Stéphane de la Faverie, CFO Akhil Shrivastava and investor relations chief Laraine A. Mancini attended the November 2 earnings call.
3. Second-half expectations
Management expects slower sales growth in the second half as innovation contributions ease and travel retail faces tougher comparisons, while retail sales momentum should continue.
