Estée Lauder Q4 Net Sales Rise as Fragrance and Skincare Recover
Estee Lauder shows recovery in fragrance and skincare after years of turnaround efforts, but makeup and hair care remain flat or declining. CEO Stéphane de La Faverie said the company will keep backing what works. In Q4, net sales rose 6.3% to $3.63 billion, while tariffs reduced full-year results by $102 million; turnaround costs already exceeded $1.5 billion. The firm forecasts fiscal 2027 adjusted EPS of $3.10–$3.35.