Estée Lauder reported a strong fiscal Q4 with $3.6 billion revenue, beating estimates and a 95% rise in adjusted operating income. The company raised its profit margin forecast for fiscal 2027 and expects growth in makeup, skin care, and fragrance categories. Travel retail trends are improving, and the Middle East conflict is not expected to impact results materially. This positive outlook drove a 15% surge in shares.
Estée Lauder reported quarterly earnings per share of $0.39, surpassing analyst estimates of $0.32, and revenue of $3.62 billion, exceeding expectations. The company showed 5% organic sales growth for the fourth consecutive quarter and raised its ful...
Next week, key retail earnings from Walmart, Target, and Home Depot will provide insights into the health of the U.S. consumer amid high borrowing costs and a slow housing market. Home Depot's report will highlight home improvement demand, Target's w...
