Estée Lauder Companies forecast fiscal 2027 adjusted earnings per share of $3.10 to $3.35, above analyst estimates, after fourth-quarter net sales rose 6.3% to $3.63 billion, driven by strong demand for luxury fragrance and skincare, sending shares up 11% in premarket trading on August 19, 2026. The company's luxury perfume brands Le Labo and Tom Ford drove 10% sales growth in that category, while CEO Stéphane de La Faverie said the company will keep pushing what is working. Estée Lauder has cut roughly 10,000 jobs, freeing up about $1.2 billion as it shifts toward faster-growing channels like Amazon and TikTok Shop, and it booked a $38 million tariff-refund benefit with real sales growth in mainland China. However, makeup sales stayed flat and hair care sales dropped 1%, with the CEO admitting dissatisfaction with both categories. Fourth-quarter results included a $116 million net loss, though that shrank from a $546 million loss a year earlier, and the full-year tariff hit was $102 million, only partly offset by the refund, while turnaround costs ran above the top end of the guided range of $1.5 billion to $1.7 billion. The company was held by 47 hedge funds as of Q1 2026, down from 50, compared to 32 for Coty and 39 for e.l.f. Beauty.
Estee Lauder Companies IncForecasts fiscal 2027 adjusted EPS of $3.10-$3.35, above analyst estimates, after Q4 net sales rose 6.3% to $3.63 billion.
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