EL•Estee Lauder raised its fiscal 2027 organic sales growth forecast to 4%–5.5% and adjusted EPS forecast to $3.20–$3.45. First-quarter sales of $3.72 billion and adjusted EPS of 72 cents beat estimates of $3.65 billion and 51 cents, respectively.
Estee Lauder raised its fiscal 2027 organic sales growth forecast to 4%–5.5%, from 3%–5%, and its adjusted EPS forecast to $3.20–$3.45, from $3.10–$3.35. The cosmetics maker cited resilient demand for its fragrance and skincare brands and improving trends in China.
First-quarter net sales were $3.72 billion, above analysts’ estimate of $3.65 billion. Adjusted EPS was 72 cents, topping expectations of 51 cents. Shares rose about 4% in premarket trading to $113.01.
