SKN | Estée Lauder Beats First-Quarter Expectations and Raises Fiscal 2027 Outlook as Fragrance Drives Growth
Commodities Market Estée Lauder Companies delivered a stronger-than-expected first quarter of fiscal 2027, supported by revenue growth, improved operating margins, and higher adjusted earnings. The results indicate progress in the company’s efforts to restore sustainable growth, while its decision to raise full-year earnings guidance suggests greater confidence in operational improvements and demand across key beauty categories. Revenue and Earnings Exceed Market Expectations Estée Lauder reported first-quarter revenue of $3.72 billion, exceeding the analyst estimate of $3.65 billion and representing 7% year-over-year growth. Adjusted earnings per share reached $0.72, compared with expectations of $0.51, marking a 100% increase from the comparable period according to the supplied earnings summary. Organic sales increased 6%, indicating that underlying business growth contributed to the quarterly performance. […]
