Estée Lauder raises outlook after $3.72B quarter
Key points
- Estée Lauder reported fiscal Q1 2027 net sales of $3.72 billion, up 7% year over year, with GAAP diluted EPS rising to $0.64 from $0.13.
- Adjusted EPS reached $0.72, exceeding analyst expectations of approximately $0.51–$0.52, while gross margin expanded to 75.7%.
- The company increased its full-year organic sales growth forecast to 4%–5.5% and adjusted EPS guidance to $3.20–$3.45.
The Estée Lauder Companies (NYSE:EL) reported fiscal first-quarter 2027 net sales of $3.72 billion, up 7% year over year, and raised its full-year forecasts following stronger sales and earnings.
Revenue exceeded analyst expectations of approximately $3.65 billion, while GAAP diluted earnings per share increased to $0.64 from $0.13 and adjusted EPS reached $0.72, above estimates of $0.51–$0.52.
The company reported net income of $233 million for the quarter, while gross margin expanded to 75.7% from 73.4% in the previous year's period.
Estée Lauder increased its full-year organic sales growth forecast to 4%–5.5%, from its previous 3%–5% range, and raised adjusted earnings guidance by $0.10 per share to $3.20–$3.45.
The revised forecasts reflect the company's stronger first-quarter performance and reported fragrance demand.
Fragrance contributed to the sales performance, with demand for KILIAN PARIS products and the Glimmer launch featuring Hailee Steinfeld among the reported growth drivers.
Estée Lauder operates a global portfolio of skincare, makeup, fragrance and haircare brands, including Clinique, MAC, La Mer, Jo Malone London and TOM FORD, with products sold across approximately 150 countries and territories.
