Estee Lauder releases transcript of fiscal 2026 Q4 earnings call
Reuters2026/08/19 18:51- Estée Lauder held its fiscal 2026 Q4 earnings call with the CEO, the CFO, the head of investor relations, analysts.
- Full-year organic sales rose 3%; operating margin expanded 320 bps; diluted EPS climbed 66% to USD 2.51; operating cash flow USD 1.8 billion.
- Fiscal 2027 outlook: organic net sales growth 3%-5%; operating margin 12.7%-13.5%; diluted EPS USD 3.10-USD 3.35; tax rate 33%-34%.
- Travel retail returned to positive sales in June-July for the first time in three years; inventory described as aligned with demand; channel about 15%.
- Management ruled out transformational M&A “for the foreseeable future”; cash priorities include debt paydown, dividend, consumer-facing capital spending.
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