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The Estée Lauder Companies (EL)
NYSE:EL
Earnings Data
Report Date
May 01, 2026Before Open (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
0.65Last Year’s EPS
0.65Same Quarter Last Year
Moderate Buy
Based on 21 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented multiple clear operational and financial improvements: revenue growth (4% organic), significant margin expansion, strong EPS and cash-flow gains, raised FY guidance, faster innovation cadence, and concrete brand- and channel-level wins (notably in China and online). Offsetting these positives are meaningful near-term costs and disruptions: a large restructuring charge (~$904M) and short-term migration costs related to the PRGP, travel-retail and Beijing/Shanghai online platform transitions, continued makeup category weakness, and regional softness in parts of Europe and Latin America. Management communicated confidence in the turnaround, emphasized PRGP benefits, and raised guidance while acknowledging the remaining execution work and transitory headwinds.Company Guidance
Quarterly Organic Net Sales Growth
Organic net sales grew 4% year-over-year in Q2, led by skincare and fragrance (each +6%), with retail sales trend improving from down 4% in Q1 to flat in Q2 and retail sales +4% in the first half excluding travel retail.
Strong Margin Expansion
Operating margin expanded to 14.4% from 11.5% a year ago, an improvement of 290 basis points; gross margin was 76.5%, up 40 basis points, driven by PRGP benefits and improved sales leverage.
Significant EPS and Cash Flow Improvement
Diluted EPS rose 43% to $0.89 (from $0.62). Net cash provided by operating activities for the six months improved to $785 million versus $387 million a year ago.
Raised Full-Year Outlook
Fiscal 2026 guidance was raised and narrowed: full-year organic net sales growth now expected +1% to +3%; operating margin guidance raised to approximately 9.8%–10.2%; diluted EPS guidance increased to about $2.25–$2.50 (implying ~36%–49% growth, ~43% at midpoint).
Portfolio & Channel Momentum — China and Online
Mainland China delivered double-digit organic growth and market share gains (brands highlighted: La Mer, Tom Ford, Estée Lauder); Hainan grew high single digits. Online first-half organic sales grew high single digits and online is on track to exceed the prior-year 31% of reported sales.
Breakthrough and Faster Innovation
The company is accelerating speed-to-market: innovation is on track to represent at least 25% of sales in fiscal 2026, with 19% of innovation launching in <1 year (above prior 16% expectation) and a target to raise that percentage toward 30%.
Brand-Level Outperformance
Notable brand performance: The Ordinary delivered strong double-digit retail sales growth; Tom Ford, La Mer, Le Labo, and Aveda posted strong double-digit organic growth or breakout product success (e.g., Aveda's Miraculous Oil). Estee Lauder's Double Wear Concealer ranked top new prestige makeup product for calendar 2025.
PRGP and Cost Discipline Driving Results
Ongoing PRGP (profit recovery and growth plan) contributed to net benefits including operational efficiencies and inventory reductions; non-consumer-facing expenses were reduced (3% reduction noted) while consumer-facing investment increased 7% to support growth.
EL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
EL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 05, 2026 | $119.61 | $96.66 | -19.19% |
Aug 20, 2025 | $89.19 | $85.92 | -3.67% |
May 01, 2025 | $59.20 | $58.15 | -1.77% |
Feb 04, 2025 | $81.34 | $68.27 | -16.07% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does The Estée Lauder Companies (EL) report earnings?
The Estée Lauder Companies (EL) is schdueled to report earning on May 01, 2026, Before Open (Confirmed).
What is The Estée Lauder Companies (EL) earnings time?
The Estée Lauder Companies (EL) earnings time is at May 01, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EL EPS forecast?
EL EPS forecast for the fiscal quarter 2026 (Q3) is 0.65.
