Estee Lauder raises annual forecasts on resilient demand ahead of holiday season
EL•Estee Lauder raised its fiscal 2027 organic sales growth forecast to 4%–5.5% and adjusted profit forecast to $3.20–$3.45 per share. Quarterly sales rose 7% to $3.72 billion.
1. Higher annual forecasts
Estee Lauder raised its fiscal 2027 organic sales growth forecast to 4%–5.5%, from 3%–5%, and its adjusted profit forecast to $3.20–$3.45 per share, from $3.10–$3.35. The company cited resilient demand for premium skincare and fragrance brands ahead of the holiday season.
2. Quarterly sales growth
Quarterly sales rose 7% year over year to $3.72 billion, compared with analysts’ expectations of about $3.65 billion. CEO Stephane de La Faverie said growth was accelerating and profitability was strengthening as the impact of the company’s Beauty Reimagined strategy became increasingly evident.
3. Turnaround strategy
The strategy includes faster innovation, expanding into new channels and markets, using AI for consumer insights and marketing, increasing consumer-facing investment, streamlining operations and saving costs by trimming roles. The company said sales were strengthened by affluent and younger consumers’ purchases of high-end skincare and fragrances, including Le Labo, Tom Ford and Jo Malone London.
